Why the EU’s economic engine is breaking down

The German2

The energy-dependent German economy has been in decline since losing cheap Russian oil and gas.

The German economy, once Europe’s roaring engine of growth, slipped into recession in early 2023 amid runaway inflation, the national statistics office revealed this week. GDP data is reportedly showing surprisingly negative signals, with the economy losing the potential for growth. RT looks at the challenges facing the EU’s economic powerhouse.

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