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International Business Times
International Business Times
Science
Florian CAZERES

FOUND: German economy buffeted by perfect storm - You Need To See This

Olaf Scholz Economy FDP Christian Lindner Robert Habeck Greens
Tractors and trucks besieged Berlin's landmark Brandenburg gate in January as farmers protested at the elimination of fuel subsidies (Credit: AFP)

Weaker exports, costly energy and a stuttering green transition have combined to form a "perfect storm" for the German economy, leaving Chancellor Olaf Scholz's coalition bickering over how to change course.

The government will unveil its latest economic forecasts for 2024 on Wednesday, with media reports suggesting a sharp downgrade to a mere 0.2 percent growth.

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