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The European Commission called Germany the most affected country by the crisis


一月, 30 2023
watermark Economic news

The European Commissioner for Economy, former Italian Prime Minister Paolo Gentiloni, believes that Germany has become one of the countries most affected by the current economic crisis. 


At the same time, in his opinion, the situation is now much better than expected in the fall of 2022. The politician even replaced the term «deep recession» with «a small reduction.»


Gentiloni also noted that the peak of inflation has passed, and the internal and external barometers of business sentiment in Germany are in good condition. Six months ago, the German government was discussing blackouts, deep recession and stagflation. And now experts expect that the period of reduction will be much shorter, and then a phase of restrained growth will come.


A few days ago, German Chancellor Olaf Scholz said that Germany has fully adapted to the lack of cooperation with Russia. Recall that the economic situation in Europe has worsened against the background of the rupture of relations with the Russian Federation due to the introduction of troops into Ukraine in February 2022. This has led to an increase in energy prices and other problems.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。