German Economy Shrinks in 2023 | What is Causing the German Recession? | Vantage with Palki Sharma

German Economy Shrinks in 2023 | What is Causing the German Recession? | Vantage with Palki Sharma

Germany's economy shrank by 0.3% last year. Reports say it may see another recession this year. Household consumption and government spending have both shrunk in Germany. Why is Europe's growth engine failing? Why hasn't it been able to avert the economic crisis? Palki Sharma tells you.

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Germany | Recession | Eonomy | Europe | Firstpost | World News | Vantage | Palki Sharma

#germany #recession #economy #europe #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[Firstpost]

Is Germany the sick man of Europe again?
Leave a comment and let us know your thoughts.

[WoJackHorseman]

Considering how significant the energy crisis has been, a 0.3% decline is remarkably stable.

When a global debt crisis comes in the future, Germany will fare better than most, because of their debt brake. This ensures they never let debt spiral out of control, like so many other countries, including the US

[neo]

Also report on the police brutality against farm protests in Germany. Western media will not report such massive events, their heart only bleeds when protests happen in India..

[p_sg]

The UK proudly holds the title "Sick Man of Europe". Let no-one forget that.

[LuisLopez-epze]

Germany is struggling not for it's Russian oil dependence, but for being a servant of U.S.

[Paul-lihq]

Cheap energy is absolutely critical... And they threw it away when they sided with the US over Ukraine. There may well have been numerous other problems - but that was the hammer blow.

[timothycyran]

It’s a shame Germany can’t kiss and make up with Russia. But, principles are principles. What were those principles again?

[socceramerica]

From cheap Russian energy to very expensive US energy

[TheGrindcorps]

As an American, I REALLY wish we had a debt brake!

[AuAmeineKronjuwellen]

Reallignment of an entire energy sector is an hercules task and repairing the military on top. Just to name the current highlights, respective challenges.

[dextermorganbloodspattersp]

Germany and Finland talking secretly...🤫

[BeyondMainstreamNetwork]

@Firstpost Can you talk also about the plan of the far right to deport millions of German citizens to Africa? This is what matters these days in Europe's biggest economy!

[mathewsisimwaa]

African countries and other developing nations also need such Laws in order minimise wreckless borrowing.

[lushanmallimarachchi]

Even without their main fuel supplier, just only 0.3 😮 I think it's something should celebrate

[bethmwania]

Rather I heard from a reliable source that the inflation fell by 1.741%..

[bigchairmanmeow]

I hope no German fails art school this time. 🙏

[jmh]

If Germany is struggling then what third world countries doing

[nirajshrestha]

Simple answer is following american interests, while usa is growing, germany is falling back.

[trommelbiel]

Olaf is the German version of Bush. Thank God l left Germany 🇩🇪 early.

[eskay]

Palki should have reported that India had over taken Germany as world no.3 economy.