The downward slide of the German economy continues. Production and incoming orders in German industry are still on course for recession in the first month of the third quarter. The latest sentiment indicators, such as the ifo index and the PMI markit, …
The months of talk about a “winter recession”, a “technical” or “mild” recession in Germany, which will be overcome in the course of the year, has come to an end. The indicators are now too overwhelming and the criticism from the employers’ …
Anyone in the civilised world who wants to drive a car must prove that he can correctly assess the direction of movement and speed of his vehicle, master the aids of stabilisation and gain a certain overview of the traffic situation. …
The President of the Deutsche Bundesbank, Joachim Nagel, said in a speech in Frankfurt on 5 July 2023 that it was too early to sound the all-clear with regard to the price development in Germany, “Inflation has broadened overall.” …
