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German Economy in Decline: Lindner Calls for Structural Reforms to Avoid Long-Term Stagnation

Many compare the difficulties of the German economy in recent years to the absences it experienced in the 1990s, when Germany had to overcome the consequences of national reunification. At that time, Germany was called the sick man of Europe.

German Finance Minister Lindner believes that his country’s economy is stagnant and needs reforms.

In this way, Lindner tries to dispel fears that Germany may have entered a long period of decline.

As you know, according to preliminary estimates, the German economy shrank by 0.3% last year. This is a much worse indicator than in France, Spain, Italy, as well as the USA.

Lindner compared the necessary structural reforms in the country to a cup of coffee that could wake up the tired economy.

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2024-01-19 20:01:47
#German #Minister #economy #tired #sick

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