German economy hurtling towards recession on Russia-Ukraine war

German economy hurtling towards recession on Russia-Ukraine war

City A.M.

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The German economy is hurtling towards a recession as the Russia-Ukraine war sours investors’ optimism for Europe’s largest economy, reveals a closely watched survey released today. Moscow’s barbaric assault of Ukraine and the West’s sweeping set of sanctions to lock Russia out of the global economy is “significantly dampening the economic outlook for Germany,” Achim [...]

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