Say what you want about the former government but they at least tried to react to the polycrisis while being under extrem fiscal constraints. This government sits on a mountain of gold that it uses in the most senseless ways because they play pretend.

The demand shock was induced by the US I'd say. The current government is not willing to try anything courageous (such as abandoning it's export fetish) so they stick their head in the sand and pretend it's 2010 (more gas capacity, subsidize the car industry and presents to core constituencies.