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Scholz leaves Germans with worst economic blues in generation

Olaf Scholz is responsible for the worst election of any German arche, and his poor economic record is one of the big reason.

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If voting is ok about the decline from Scholz’s 2021 win – and the amounts from the three-month campaign – then his community Democrats will face greater loss than any German leader since the Federal Republic in 1949. The result shown about 15% of the vote and will be very low in any one willing person.

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Many of his problems come down to the economy. Not since Gerhard Schroed ‘conquest of 2005 also is also highlighted in the election. Back early in the century, now, the country was called “the sick man of Europe.”

Germany’s failure to bark after the camps and peers that have been describing the descriptive interview during the three-year market. Maximum European economy after two years of recording will be one of the key challenges of the following government.

Between wanting to feel that you can cope with the deeper problems known as Home HomeFown, the 66-year-old Chancellor will be followed by his saved opposer, Friedrich Merz, Helm of the new united governments.

Long-term growth is a major topic in the campaign of the Feb. 23 candidates. While the attention of the universe is still seeing the economy as a second second problem – and plays a major role in individual Ballot-box rulers and shelter, according to the color of the ZDF.

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Malaise is mainly in the construction, making a large share out of the most peers. During the epidement, where the consumer wants to be faster at the bottom of the goods while restaurants and other closed services, this has been popular with Germany.

But soon after, the problems of the provision of assets, expenses of extensions and energy, as well as high interest rates, create strong headwinds. By the background and facing the Chinese electric car contest in Chinese, Volkswagen AG, a German main vehicle producer, cutting up 35,000 jobs.

The decline in industry production is compared to global practice. According to Kiel Institute for the World Economy, this deception decreasing that German companies have become easily turned.

Trade Predial Press and the US make it vulnerable to beat new if the President Donald Trump follows his tax rates facing the European Union. Bloomberg Economics Recons can guide taxes in car and industrial machines – export Germany very dependent.

Manufacturing is in ance in the beaten power from the battle in Ukraine. Politicians in Coalition say that a strong conflict of Russia’s power meant that Germany was severely disrupted by natural gas flow. While the first deterioration of deterioration does not come, the economy is still going on high costs as a result.

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The government succeeded in finding other Russian sources. Germany is not successfully followed by increased natural gas terminals, but also complete the red SPUR renewal tape.

As a result, the nation found immediate growth of solar energy in Europe and the rapid transport of wind turbines. The Onshore Spirit has received the Approval Records and the Edge Rewards, promotes immediate prices.

The problem now that the grid extension cannot track a trail, so part of the green is always unused. After a nuclear power over the past two years, the nation and we have no power to support “Dunkeuten, where no air is and the sky is full.

Without power, the policy argument for policy was above government finances. With the growth falling behind, public boxes are increasingly doing – leading to separation of solidarity and the old elections where politicians cannot agree on the 20025 budget.

Germany has a very low loans in the seven group. The opposition CDU / CSU wants to attach to the Bake of the Constitution legally, although Merz signed some openness in conversion. The SPD wants to relieve the law to enable more public investment and stimulate the need. His united partner, vegetables, also likes a witchcraft.

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The pressure to spend more money has become stronger, with devastating infrastructure and military shortcomings hard to ignore. The German Council of Economic Germany criticized the government by the end of the past year without spending enough money to “present” present “as education and transport.

The potential costs are dizzing. The German economic institution estimate that € 600 billions ($ 625 billion) may need to be given ten years of energy fluctuations, roads, rail, education and other issues. The Dezernat Zukunft, a thoughtful tank, even see the need to spend more € 800 between 2025 and 2030.

In all German issues with credit and anxiety about growth, labor market into a bright spot. On the other hand, because of the lack of employees in companies after the epidemic effect, which enabled them to devote the waste disposal.

Recently, the weak economy oppresss a short-term unemployment, even though the complete tally is less than 5 million maximum amount to reach 2005.

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Employees are still lost in areas involving hospitality and health care, pointing to mismatch skills. Demographics Angki states that many Germans will leave the Labor Market in the coming years, producing another policy problem.

While the following German leaders faced major challenges, the good news is to have the power to convert a national trajectory, according to the President of the Bundesbank Joachim Nagel. “Faithful, predicted actions” can promote investments and expansion, said last month.

“It is in the next state government to use organized changes, so that fear will disappear again,” he said.

-Real assist from Petra Sorge and Jana Landow.

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