Which countries would be particularly hit by a prolonged recession in Germany?
Due to the lasting decline in production of internal combustion vehicles, chemical products and industrial capital goods, Germany could be facing a prolonged recession, which is backed up by current cyclical indicators. This raises the question of the knock-on effects that a recession in Germany may have. Which countries would suffer the most from a recession in Germany? The Netherlands, Belgium, Austria, Poland, Romania, Hungary, Slovakia, Slovenia, Bulgaria and the Czech Republic.