The country´s GDP contracted in the second quarter of this year, official statistics suggest The German government has been unable to overcome the economic crisis in the country, Economy Minister Robert Habeck admitted to the media on Tuesday. The minister’s comments followed the release of an indicator that suggested a steep decline in Germany’s economic expectations. “The economic crisis is becoming more and more entrenched at a level of stagnation,” Bild quoted Habeck as saying. “The measures that have been taken so far are not enough to overcome the high interest rates, the lack of demand from abroad, but a
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