The traffic light has received the reward for its economic policy: Germany has slipped into recession. In the first quarter, gross domestic product shrank by 0.3 percent, after the economy had already contracted by 0.5 percent at the end of the year. If two negative quarters follow each other, it is called a technical recession.
Germany in technical recession: Ampel's economic policy is not paying off!
The traffic light has received the reward for its economic policy: Germany has slipped into recession. In the first quarter, gross domestic product shrank by 0.3 percent, after the economy had already contracted by 0.5 percent at the end of the year. If two negative quarters follow each other, it is called a technical recession. According to a report by www.berliner-zeitung.de, Germany has suffered a recession due to the economic policies of the current government. In the first quarter of the year, gross domestic product fell by 0.3 percent, after having already fallen by 0.5 percent at the end of the year. When two consecutive quarters show negative growth rates, it is called a technical recession. This economic development will...

Germany in technical recession: Ampel's economic policy is not paying off!
According to a report by www.berliner-zeitung.de, Germany has suffered a recession due to the economic policies of the current government. In the first quarter of the year, gross domestic product fell by 0.3 percent, after having already fallen by 0.5 percent at the end of the year. When two consecutive quarters show negative growth rates, it is called a technical recession.
This economic development will most likely have an impact on the market and the financial industry. A recession usually means that demand for goods and services falls. This could lead to a decline in profits and sales for companies. Investors may become more cautious and withdraw money from riskier investments, which could lead to a decline in stock prices.
Consumer spending could also decline, as people tend to spend less in uncertain economic times. This could have a negative impact on the retail and service industries. Unemployment could rise as companies may reduce their workforce to cut costs. This could lead to a further deterioration of the economic situation.
It is important to analyze the current quarterly figures and assess their impact on the market and the financial industry. Due to the recession, investors may rethink their investment strategies and rebalance their portfolios. Demand for safe investments such as government bonds or gold could increase, while riskier assets could become less attractive.
The government and the central bank could try to take measures to stimulate the economy and mitigate the effects of the recession. This could include lowering interest rates or implementing stimulus programs.
Overall, it is important to closely monitor developments on the market and in the financial sector in order to be able to react appropriately to the effects of the recession. It remains to be seen how the German economy will develop in the next few quarters and how the government will respond to stimulate growth again.
Read the source article at www.berliner-zeitung.de