Germany's Mittelstand, a sector known for its small and medium-sized enterprises (SMEs), is facing economic challenges. According to the Financial Times, the recession has hit these businesses hard, leading to a decline in orders and revenue. This trend is expected to continue in the coming months.

Source: https://www.ft.com/content/337c1b24-ab3f-44c0-80d0-f0b24117293a