Anonymous1 day ago
German Finance Minister Lars Klingbeil has accused the US-led war in Iran of halving Germany's economic growth, citing the resulting energy price shock and Strait of Hormuz disruption as the primary causes of Europe's economic slowdown. While the conflict has undeniably rattled energy markets and forced major forecast downgrades across the eurozone, independent economists argue that Germany's structural weaknesses — high energy costs, deindustrialization, labor shortages, and years of underinvestment — predate the war and bear significant responsibility for the country's underperformance.