#ChristianLindner #Debt #Germanpolitics #Germany
Germany's recession also poses problems for the eurozone and the wider European UnionMaja Hitij BERLIN — Europe's largest economy is experiencing currency problems for the first time in nearly a decade, falling into three contending parties to resolve them. Germany officially entered recession, according to official figures on Thursday, and economic output fell 0.3 percent in first quarter of the year - gross domestic product fell for second consecutive quarter. The decline was largely attributed to falling consumer spending, driven by rising prices amid inflation of 7.2 percent. This adds to previously existing pressure on the tripartite coalition partners in Berlin government to cut costs. This calls for tough decisions, but their approa
