A new fiscal strategy for Germany ...Qatar

Gulf Times - News
A new fiscal strategy for Germany
source : Gulf Times ( Qatar ) () 18
• The country cannot rely on the benefits of the international division of labour as it did in the past The extraordinary shock of the ongoing Covid-19 pandemic and the impact of Russia’s war of aggression against Ukraine are reverberating throughout the German economy. Sharp increases in the prices of energy and raw materials, as well as continued and new disruptions to global supply chains, are postponing economic recovery. Consumer and producer prices are rising at their fastest rate in a half-century, while forecasts for GDP growth are being revised downward. In addition to these shocks, Germany is facing major medium- and long-term challenges that could further dampen growth and contri

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