GDP fell by 0.3% in the first quarter of the year, German Istat data reveal. This after the 0.5% contraction recorded at the end of 2022.
The government reassures, "the economy will improve in the year". And Gentiloni minimizes (ANSA) A winter marked by economic "weakness", and Germany slips, surprisingly, into technical recession. The Ifo index that measures the confidence of top managers fell again in May, after six months of recovery.