• German Government Adviser Wieland: Risk of a recession in the economy is substantial

Market news

30 tháng 3 2022

German Government Adviser Wieland: Risk of a recession in the economy is substantial

One of the German government's economic advisers, Volker Wieland, warned on Wednesday, the risk of a recession in Germany is substantial.

“A major lesson from the coronavirus and Russia crises was that Germany's economy needs diversification - not just for energy, but also in the country's industry supply chains as the sector relies heavily on upstream products from abroad,” he added.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.