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22 Mar, 2024
The economy shrank (suy thoái) last year and is not predicted to grow much in 2024. Farmers are angry, industrial output is falling and the government is bickering (cãi vã).
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Germany started the year with Berlin’s streets choked with tractors (máy kéo) and farmers (nông dân) blaring horns in furious protest (phản đối dữ dội) of proposed budget cuts (cắt giảm ngân sách). Then train engineers walked off the job (nghỉ việc) to demand better pay, stranding commuters (hành khách) and carloads of freight (toa chở hàng) and leaving the country angry and gridlocked (bế tắc).
The same could be said for the state of the German economy. Last year it contracted 0.3 percent, official figures showed this week, making it not only the largest economy but also the slowest growing among the 20 countries using the euro. Industrial production has fallen five months in a row.
“The economy is at a standstill (đứng vững) in Germany,” said Siegfried Russwurm, the president of the Federation of German Industries. “We don’t see any chance of a rapid recovery in 2024.”
source: nytimes,
Tags: economicsThanh Thanh
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