GERMANY’S HABECK: RECESSION COULD BE ONLY VERY SHORT AND NOT VERY DEEP17 January 2023, 12:19

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In an interview with WELT TV on Tuesday, Germany’s Economy Minister Robert Habeck said that “if there is a recession, it would possibly be only very short and not very deep.”


Further comments

“Want to get inflation below 5% by year's end.”


Ma be that we can avoid a recession.”


Market reaction

EUR/USD remains unresponsive to the German ZEW data and these above comments, changing hands at around 1.0815.

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