The scenario is very different from what it was in 2008, said Ulrike Malmedier; the interbank market is working well, assuring support to the real economy through credits.
According to the independent panel of experts, which regularly advises the German cabinet, Germany will avoid recession: in 2023, GDP will grow by 0.2% instead of suffering a 0.2% fall as previously estimated, and in 2024, a 13% growth is expected.
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