Friday, February 16, 2024

17 Feb 2024: Two German News Stories

 1.  I briefly read over this EU (summary) study of economic conditions in the EU and the German forecast (serious downward spiral predicted).  One curious aspect....they aren't talking about a one-year recession period....they are suggesting a multi-year period of serious recession.

The key components to bring it to this point?  Energy has become a high-cost item (mostly because of the war in Ukraine, where Russian natural gas isn't available to Germany anymore).  Because of this key situation....German companies are looking at moving operations out of the country (Poland gets mentioned a lot these days).

2.  The German Constitutional Court has handed a problem back to the Bundestag, and said you need to write legislation to cover this issue....giving them basically a year to figure a 'fix'.

Issue?  Muslim child marriages, and how (if) Germany can accept them (on migration efforts).

Personally, if you had to pick a topic leading into an election year....this is one of those that I suspect most of the political parties have zero interest in.

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