this post was submitted on 15 Jun 2023
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Europe

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The biggest economy in the euro area, Germany’s, is in a bad way. And its ills are a main cause of the euro’s own weakness. (a throwback to 1999) (www.economist.com)
submitted 1 year ago* (last edited 1 year ago) by yogthos@lemmy.ml to c/europe@lemmy.ml
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[–] yogthos@lemmy.ml -1 points 1 year ago

EU isn't putting out GDP performance anywhere close to China. Especially, when you account for PPP. And German companies outsourcing manufacturing creates problems of its own as it moves jobs out of Germany.