Home European News German economic system stagnates, finance ministry says

German economic system stagnates, finance ministry says

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The German economic system stagnated within the second quarter of 2022, the month-to-month report for August from the nation’s finance ministry mentioned, in response to Reuters. The gloomy figures cited the Ukraine conflict, rocketing vitality costs, the pandemic and provide disruptions. “The outlook for the additional improvement (of the economic system) is at present noticeably gloomy,” the report said. It additionally famous a “excessive diploma of uncertainty” in future predictions.

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