Schlagwort: volkswirtschaftliche Entwicklung

In April 2022 the war in Ukraine (for regular updates, cf. here, in German) was also dominating the economic headlines in Germany, while Corona slowly faded from the front pages. After the reality of the war and other factors hindering a swift ecomic upturn had seemingly set in with the German economy in March 2022 (here), the question is how it fared in April. So, let’s take a closer look:

The war of Russia against Ukraine dominates the headlines for over a month now (cf. here for the current situations update, in German). And while other nations and the largest parts of Europe had their respective „freedom day“ a while ago, Germany was still fighting its own (unwinable) war against Corona – until the envisioned vaccination-obligation came crushingly down in the German parliament (as to the current German corona-status, cf. here, in German). The war as well as the (retarded) liberation from Corona will surely take a large toll on the German economy in the long run. In February (here), though, the German economy did not look too bad. But, hey, let’s take a look at immediate consequences, if any:

Although the case-numbers of people infected with corona were actually increasing in February (cf. here), this issue was put on a backburner even before Russian troups actually started their attack against the Ukraine on 24 February 2022. Hence, even if it was clear that there would be no „freedom day“ as such, even Germany was opening up again. But then, Russia shocked the world. The consequences for the German economy are still not clear. So, hey, let’s take a look at the immediate pre-war status of the German economy: