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Politics and Nation

4 Min read

In a recessionary Germany, Berlin prepares for a conflict over budget cuts

Published On 31 May 2023 03:16 PM


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The largest economy in Europe is experiencing financial difficulties for the first time in nearly a decade, and it is up to three contending parties to resolve them.

Official data released on Thursday revealed that Germany has officially entered a recession, with economic output falling by 0.3% during the first quarter of the year — the second consecutive quarter with a declining gross domestic product. The decline was primaril....


Tags : Berlin, The largest economy in Europe, financial difficulties, Germany,
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