What is the future of the German economic model? The Russian attack on Ukraine sparked a debate about the further development of prosperity in Germany. Concerns about an economic downturn are growing.
Rising energy prices, rising costs of climate protection, increasing geopolitical conflicts and a shrinking workforce could put an end to the successes of the German economic model. Recent decisions by energy-intensive companies to shift investments to the US and China seem to confirm this.
The optimists counter that the growing interest in clean technologies around the world suits the capabilities of German companies. Federal Chancellor Olaf Scholz even says that Germany is facing a period of high growth rates due to investments in decarbonization, similar to the economic miracle years.
Read now
Get access to this and all other articles at
the web and in our app.
tracking
“Tv expert. Hardcore creator. Extreme music fan. Lifelong twitter geek. Certified travel enthusiast. Baconaholic. Pop culture nerd. Reader. Freelance student.”
More Stories
Traditional department store Globus – This is the Thai family company behind Globus – News
Swiss National Bank increases minimum reserve requirements – News
Miss close at New York airport