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Germany Convictions : Q1 2023 (only in English and German)

The issue of energy shortage has (for the time being) disappeared from the public debate, and the bottlenecks in global supply chains, especially between China and Europe, have largely been resolved. This is reflected in a significant increase in imports and exports between Germany and China at the beginning of the year. Nevertheless, only weak economic growth of 0.3% is expected for Germany for 2023. The main reasons for this are high energy prices and continued dependence on gas supplies.