German Minister: If we don't get workers from other countries, our economy will collapse

Robert Habelck has said that the German government's forecast for economic growth for 2017 has dropped from 1.3% to 0.2%.

This means that the biggest European economy has stalled, although it has avoided entering a full recession.

Habecku had previously called the situation with Germany's economy “malpracticely bad”, reported BBC.

Meanwhile, on Wednesday, he has said Germany has been hit by a very specific “sis”, as a result of Ukraine's full invasion of Russia, as its intensive energy industries depended on Russian gas.

Germany's support in exports made it especially vulnerable to changes in global trade patterns, the German minister has said, and that the wider structural problem for the German economy was the lack of workers.

“No migrants would collapse Germany's economy”, Habeck added.

The state may actually have slipped into recession, according to a warning from Germany's central bank, Bundesbank.

In its monthly report, Bundesbank has said that economic production could re-x0 use a little back in the first quarter of 2024”.

Two successive negative quarters would put Germany in the so-called technical recession.