Container handling in the port of Hamburg

Despite supply chain bottlenecks, Russian sanctions and the energy crisis, the federal government considers the German economy “resilient”.


(Photo: dpa)

Sedan In a week, the Federal Minister of the Economy, Robert Habeck (Greens), should present the new annual economic report of the federal government. In mid-December, his company wrote a first draft for this, with a rather bleak outlook on the economy.

Meanwhile, the ministries have continued to work on the report. The current preview version, which is available for the Handelsblatt, reads quite positively. “In general it has Germany the economic consequences [des Kriegs] He’s managed well so far,” he says. Despite supply chain bottlenecks, sanctions against Russia and a freeze on Russian gas supplies, the German economy is proving “resilient”.

That doesn’t sound like the recession almost all the experts have predicted so far. On the contrary, voices are now mounting that the economy may not experience a recession at all. As proof, they give five reasons, listed below.

Recession: These definitions exist

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