EU economic pain isn’t about Russia or Covid – Scholz

offensive against

The German chancellor says the bloc’s current woes are down to growth in Asia.

Neither the Covid-19 pandemic nor Russia’s offensive against Ukraine has played a pivotal role in bringing about the current economic downturn in Europe, German Chancellor Olaf Scholz has argued. He attributed it to growth in Asia instead, warning that there likely will not be a return to the good old days in the foreseeable future.

Continue reading