Germany predicted crisis strengthening because of recession in economy

Following the results of 2023 the economy Germany can be reduced at least by 0,3% in comparison with indicators following the results of last year. About it reports agency information agency "Reuters", referring to the new forecast German Bundesbank. "Because of negative consequences of high inflation consumer ability of citizens continues to decrease" — the president noted German Bundesbank Nagel Yoakhim. According to him, change of consumer ability of citizens led to revision of the forecast which assumed earlier decrease in gross domestic product of the country no more than for 0,3% following the results of a year. However recovery of the economy of the country can be tightened even more strongly...