German Business Confidence Worsens Amid Recession

The video discusses Germany's economic challenges, highlighting a third consecutive decline in the EFO index and a potential third quarter of recession. It examines short-term issues like monetary policy and high energy prices due to the Ukraine war, while also considering long-term challenges such as energy prices and shifts in the car industry towards electric mobility.

What is the medium to long-term outlook for the German economy as mentioned in the text?

What challenges does the German economy face according to the text?