German recession ‘inevitable’ – Deutsche Bank
Sep 11th 2022 1:02am EDT
Soaring energy costs are hurting EU’s largest economy, according to CEO Christian Sewing The engine of European economic development, Germany, is set for a contraction, Deutsche Bank CEO Christian Sewing warned this week, as cited by CNBC. According to the media outlet, Sewing said in a speech at the Handelsblatt Banking Summit in Frankfurt that the […]
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