Germany Issues Immediate Withdrawal Demand to Russia Amidst Looming Economic Crisis in EU-

  • 6 months ago
#ukraine #russia #war
According to a recent report from the Germany's Federal Ministry of Economic Affairs and Energy, the country is experiencing a large decline in the economy. This decline is said to be a direct result of Russia's invasion of Ukraine and increased trade sanctions between the EU and Russia.

As a result, the German government has issued a critical alert to the rest of the EU, warning that a looming economic crisis is imminent. The report states that the German economy is expected to contract by 1.5% this year, and by as much as 3% in 2016. This is a significant decline from the country's previous economic miracle, and it is bound to have a major impact on the European economy as a whole.
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