With questionable energy rations, record inflation and tighter monetary policy, the 19-nation zone of Europe may be heading towards recession with signs like thinning private-sector profits. Germany, regardless of being the European continent’s largest economical source, has become it’s most fragile one in response to the volatile industrial sector where energy costs are at a constant high and supplies are at a low. Updates including the nation’s Q2 performance and European Central Bank’s monetary policy will determine the final verdict.
