Frankfurt, Germany, March 12, 2026 (AFP) - Mideast war to brake German recovery: institute

NAMPA / AFP

2026-03-12

The surge in energy prices triggered by the Middle East war will slow the struggling German economy's recovery, an economic institute warned Thursday. Energy costs have jumped since the conflict erupted on February 28, a massive burden for Europe's top economy as it seeks to get back on its feet after a long decline. The recovery, while likely to continue, "will be dampened by the sharp rise in crude oil and natural gas prices", said the Ifo Ins......

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