Germany's economic growth faces critical challenges ahead
Germany's economy is facing significant challenges, with the lowest growth rate among G7 nations last year. Deutsche Bank economists warn that without decisive action, Germany could experience stagnation, with growth barely exceeding 0.5% annually through 2030. The upcoming legislative term is seen as crucial for Germany's economic future. Economists suggest that failing to change the current course could lead to a loss of competitiveness and jobs, along with increased political fragmentation. To reverse the trend, experts recommend fiscal expansion, investments in defense and infrastructure, and reforms to reduce bureaucracy and encourage private investment. They emphasize the need for a comprehensive reform agenda to ensure Germany's future prosperity and security.