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Germany is in a slump, so Berlin is getting ready for a fight over budget cuts.

Published On 26 May 2023 01:02 PM


For the first time in almost a decade, Europe's biggest economy has money problems, and it's up to three fighting parties to fix them.

Official numbers released Thursday show that Germany is now in a recession. During the first quarter of the year, the country's gross domestic product (GDP) fell by 0.3%, making it the second quarter in a row that GDP fell. Prices going up by 7.2% led to less spending by consumers, which w....

Tags : Germany, Europe's biggest economy, gross domestic product (GDP), budget cuts,

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