> Germany's economy prospects are 'very good' says Scholz, as country enters recession / 33G76ZK
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Germany's economy prospects are 'very good' says Scholz, as country enters recession / 33G76ZK
Clip ID 2192258
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Chancellor Olaf Scholz, who previously expressed confidence that Germany had done enough to avoid a downturn, plays down fears of a prolonged recession. "The German economy's prospects are very good," he says at a press conference with his Cypriot counterpart, citing significant investments in the country including in battery factories. Germany fell into a recession around the turn of the year, official figures show, as inflation and higher interest rates curbed demand in Europe's largest economy. IMAGES AND SOUNDBITES