this post was submitted on 15 Jun 2023
4 points (75.0% liked)

Europe

3898 readers
7 users here now

Europa

founded 5 years ago
MODERATORS
AdAstra@lemmy.ml
4
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
16 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 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.