US EditionGermany Has Lost Almost € 1 Trillion Due to the War in Ukraine, Trump and the Pandemic
4 Articles
4 Articles
The coronavirus pandemic, the war in Ukraine, the customs dispute: since 2020, one crisis has followed another. This is proving very costly for the German economy. The losses dwarf those of previous crises.
Covid, Ukraine and US tariffs cost Germany $1 trn – study - The Press United
The crises have paralyzed growth and resulted in a significant GDP shortfall, the German Economic Institute has said Germany has lost more than $1 trillion in GDP output over the past six years as successive crises pushed the economy into prolonged stagnation, according to the German Economic Institute (IW). A study released on Saturday cited […] The post Covid, Ukraine and US tariffs cost Germany $1 trn – study appeared first on The Press Unite…
The economic stagnation of recent years has exposed the weaknesses of the German economy, which, despite minimal growth, is still resisting recession and accumulating further losses.
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