Reduction of Germany’s economic growth prospects by the government.
The German government lowered its economic growth forecast for 2024 from 1.3% to a low of 0.2%.
Demand has fallen sharply in the German economy.
Germany will soon be forced to declare a recession and this has negative effects for the German and European economy.
The possibility of a correction in European stock indices is likely soon, and if confirmed, we will enter sell positions.
.RECESSION. GER30CASH