“A stagnant economy is a sign of success’: Economist explains positive side of the economic downturn. “We've reached a point where we're pretty full and happy with what we have,” says Dietrich Vollrath from the University of Houston in the US state of Texas.

German Chancellor Olaf Scholz (SPD) has been increasingly optimistic; the situation is being talked about as worse than it is, according to the tenor from the Chancellery.