Long-term Efforts Required to Improve Germany's Economy, Says Bundesbank Chair

The President of the Bundesbank, Joachim Nagel, stated that Germany needs to undertake significant efforts to emerge from its current economic stagnation. In a recent interview, Nagel emphasized that the country's economic indicators do not meet expectations and that it is essential for Germany to focus on structural reforms and investments to boost productivity and strengthen domestic demand. He highlighted the need to create more confidence in the economy to encourage businesses to invest and consumers to spend their money.

Continue reading