German Chancellor Friedrich Mertz has publicly acknowledged that the country’s effort to recover the country’s economy is much more difficult than it was originally calculated. In a speech in Osonbrick, in Lower Saxony – Volkswagen’s homeland – he stressed that Germany is not only in a period of temporary financial weakness, but faces a “structural crisis”. He said self -criticizing that “this project is greater than some imagined a year ago”, recognizing that large parts of the German economy “are no longer truly competitive,” Bloomberg reports. 🇺🇦🇩🇪solving Germany’s Economic Problems Turned Out to Be More Difficult Than Expected, Bloomberg Citing German Chancellor Merz. Merz Stated That Country is Experiencing A “Structural Economic Crisis”. As One Example, He Noted That Volkswagen’s Net Profit in Q2 Fell by 36%. noting that this is’ only one of […]
Source: News Beast
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
