Public debt: Berlin opens the floodgates to support growth

Inflation, dependence on Russian gas, supply difficulties: in an economy as interdependent on trade as Germany, these parameters are enough to explain the sudden bout of weakness of the first economy in the euro zone.

Before the war, the model across the Rhine had already shown itself to be failing, exposed to Chinese shortages and the consequences of the pandemic.

Since February 24 and the start of the Russian offensive, the stallion has been wavering.

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of these crises

, recognizes the Minister of the Economy, Robert Habeck, who had to cut into the country's growth forecasts for 2022. GDP is expected to grow by 2.2% this year, against 3.6% forecast in January.

In the first quarter, with growth of 0.2% according to provisional figures from Destatis, Germany narrowly escaped the technical recession.

anticipates Sebastian Dullien…

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