Sanctions against Russia: Economics calls for “gas boycott” against Putin. Germany coped surprisingly well with the energy shock.

Malmendier also takes up Germany's weak economic development. The numbers would indicate a technical recession, says the economist. For only the second time in post-war history, there will likely be a phase of two consecutive years of declining economic output, says DIHK. The industry association DIHK even fears the biggest economic crisis in more than 20 years.