Gov't expects Germany to slide into recession in 2023

BERLIN, Oct. 12 (Xinhua) -- As Germany battles the energy crisis, the government, in line with the leading economic institutes, expects an economic contraction of 0.4 percent in 2023 and says that the country could slide into recession next year.

"This severe energy crisis threatens to become an economic and, in conjunction with it, a social crisis," Minister for Economic Affairs Robert Habeck said at a press co