Germany is currently grappling with one of its worst economic crises in decades. The direct losses due to the COVID-19 pandemic and the Ukraine conflict have reached $840 billion, with 57,000 companies declaring bankruptcy in just the last three years. This economic downturn has raised concerns about long-term recovery and stability in Europe’s largest economy. The situation highlights the need for strategic reforms and international cooperation to mitigate further risks.
— new from (Economy Sky News Arabia)
