Germany facing double recession: DIHK fears biggest economic crisis in 20 years. For only the second time in post-war history, there will likely be a phase of two consecutive years of declining economic output.
Despite major investments from Microsoft and other companies, the DIHK sees an impending economic crisis. The supply chain law could be on the brink. Ifo sees home-made problems: “The weak growth can be explained not only by factors that come from outside, but also by the local export industry.”