While technically correct, it is more of a stagnation isn’t it? And if fact most of the economy is growing fine, it is just some energy intensive and highly export oriented industries that do not. Clearly not the best situation to be in, but structural adjustments take time and the previous Merkel government wasted a lot of time doing nothing, so no big surprise.
While technically correct, it is more of a stagnation isn’t it?
If the economies of Germany’s trading partners and competitors keep growing, the effects of stagnation are not too different from a shrinking economy. It’s something that has to be looked at in relation.
While technically correct, it is more of a stagnation isn’t it? And if fact most of the economy is growing fine, it is just some energy intensive and highly export oriented industries that do not. Clearly not the best situation to be in, but structural adjustments take time and the previous Merkel government wasted a lot of time doing nothing, so no big surprise.
If the economies of Germany’s trading partners and competitors keep growing, the effects of stagnation are not too different from a shrinking economy. It’s something that has to be looked at in relation.