The crises have paralyzed growth and resulted in a significant GDP shortfall, the German Economic Institute has said Germany has lost more than $1 trillion in GDP output over the past six years as successive crises pushed the economy into prolonged stagnation, according to the German Economic Institute (IW). A study released on Saturday cited the Covid-19 pandemic, the Ukraine conflict, and US tariff policies as the main drivers of the losses. The IW compared Germany’s pre-crisis 2019 economic

Tag-uri: Coronavirus