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.

Chancellor Olaf Scholz contradicted the portrayal of a crisis during a visit to the Microsoft site in Berlin. Ifo sees home-made problems: “The weak growth can be explained not only by factors that come from outside, but also by home- Made problems”