Germanys Economic Turmoil: Coalition Falls Shrinking Investment Consumer Confidence

Germany’s economic problems are getting worse as the ruling coalition starts to break apart. This is causing issues like less investment and lower consumer confidence. The Chancellor, Olaf Scholz, removed the Finance Minister, Christian Lindner, which may lead to an early election. Germany has been struggling with high energy costs and lower growth in the EU since 2018.

The country’s economy is expected to shrink for the second year in a row.

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