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The state of Germany's economy has significantly deteriorated, having contracted for two consecutive years leading into 2024. This downward spiral marks the country's worst economic performance since the early 2000s. One region, Jelen Kirin, tragically exemplifies this decline, now branded with the highest unemployment rate in Germany.
High energy costs, exacerbated by the ongoing war in Ukraine, have particularly affected small and medium-sized enterprises, which represent the backbone of the German economy known as the "Mittelstand." These businesses are struggling to survive under unfavorable conditions, prompting urgent calls for changes to stabilizing policies.