Economists see German growth lagging behind the rest of the region for years to come, and the International Monetary Fund estimates Germany will be the worst-performing G-7 economy this year.
Germany’s GDP fell .3 per cent in the first quarter of 2023 following a .5 per cent decline in the last quarter of 2022. Though Chancellor Olaf Scholz described the outlook for the economy as ‘very good’ experts say this is a rude awakening for the country and the entire continent