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Study: Germany faces years of downturn due to a new banking crisis

Summary by Handelsblatt
According to an IW study, new turmoil in the banking sector would have serious effects. Germany's economy would slip into recession for at least two years.

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Study: Germany faces years of downturn due to a new banking crisis

According to an IW study, new turmoil in the banking sector would have serious effects. Germany's economy would slip into recession for at least two years.

·Düsseldorf, Germany
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  • 100% of the sources lean Right
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Handelsblatt broke the news in Düsseldorf, Germany on Sunday, April 2, 2023.
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