BERLIN: The surge in energy prices that followed Russia's invasion of Ukraine has pushed Germany to the brink of a recession, but the economic pain appears to be less severe than originally feared. German statistics authority Destatis will publish gross domestic product figures for the last three months of
BERLIN: The surge in energy prices that followed Russia's invasion of Ukraine has pushed Germany to the brink of a recession, but the economic pain appears to be less severe than originally feared.
But substantial government interventions and a mild European winter have cushioned the blow and allayed fears of a major downturn. With most indicators flashing red, the government itself had forecast in October that the economy would shrink 0.4 per cent over the whole of this year. After the initial shock of seeing prices shoot up, consumers largely came to terms with higher prices while industry found"innovative" ways to save energy, Scherer added.
"The coming months will be difficult," he said, noting that the sharp increase in energy prices as Russia throttled gas supplies to Germany had pushed inflation to a peak of 10.4 per cent in October last year. "Industry is the engine of Germany's prosperity and that engine needs energy," VDA president Hildegard Mueller said Wednesday.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
German cartel office issues objections to Google data processingBERLIN : Germany's cartel office regulator said on Wednesday it had issued objections against Google's data processing terms and that it expected the company to make changes accordingly.The cartel office sent parent company Alphabet, Google Ireland Ltd and Google Germany GmbH a preliminary legal assessmen
続きを読む »
German watchdog raps Google over user data practicesData collected by Google was used to “create very detailed user profiles which the company can exploit', authorities said. Read more at straitstimes.com.
続きを読む »
Anti-coal protesters dig in as German police clear protest campLützerath - German police pressed ahead on Wednesday with clearing a camp of anti-coal activists in an abandoned town which has become emblematic of the country's struggle to transition away from fossil fuels amid an energy crisis. Once numbering as many as 2,000, around 200 anti-coal activists remain in
続きを読む »
Police clear first buildings in abandoned German coal villageFor over 2 years, demonstrators have occupied the village in western Germany to stop the expansion of the mine. Read more at straitstimes.com.
続きを読む »
Russia to launch backup Soyuz spacecraft to ISS following leakMOSCOW : Russia's space agency said on Wednesday it would launch a Soyuz MS-23 spacecraft on Feb. 20 to bring home two cosmonauts and a U.S. astronaut from the International Space Station (ISS) after their original capsule sprang a coolant leak last month.'The expedition of Sergey Prokopyev, Dmitry Peteli
続きを読む »
With a sale of Chinese yuan, Russia kicks off 2023 forex interventionMOSCOW :Russia said it would resume foreign currency interventions with the sale of yuan from Friday, underscoring the growing importance of China's currency in Moscow's efforts to ensure economic stability amid Western sanctions.After the West imposed the most severe sanctions in modern history over the war
続きを読む »