The Eurozone’s powerhouse is struggling amid an energy crisis and recession Germany continues to grapple with challenges in its manufacturing sector as it suffers from higher energy costs, Goldman Sachs economist Peter Oppenheimer told CNBC on Tuesday. The EU’s largest economy officially slipped into a technical recession in the first quarter of the year as GDP growth was revised from zero to -0.3%. The Bundesbank announced on Monday that the economy is likely to shrink this quarter thanks to slow private consumption and the increasing weakness of industry. “The predicament that the economy is facing at the momen
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