A NATO Nation In Crisis: EU’s Largest Economy Becoming Collateral Damage Of Putin’s War On Ukraine?
Published on Sept 06, 2024 06:23 pm IST
Amid the ongoing Ukraine-Russia war, Germany’s economy has taken an unexpected hit, contracting by 0.1% in the second quarter after narrowly avoiding recession earlier this year. This downturn is compounded by recent reports that Volkswagen, the iconic German carmaker, is considering closing factories in Germany for the first time in its 87-year history. What are the factors driving this? Watch this to find out.
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