Germany is trapped in a vicious cycle of intervention
Bureaucracy and too much red tape have led to an exodus of major manufacturers.
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Bureaucracy and too much red tape have led to an exodus of major manufacturers.
The German economy may be struggling because of the dip in world trade but it won’t be long before it’s back centre stage.
A good slice of the blame for Germany being more brachiosaurus than tiger goes to Angela Merkel.
Europe’s biggest economy by far has a particular sensitivity to soaring energy costs and slowing global demand. Recession cannot be discounted.
Germany has impressed many with the speed and scale at which it has been able to respond to the global health threat caused by coronavirus.
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