An Economic Crisis Threatens Europe's Industrial Giant
Germany has long been considered Europe's economic engine and a model for its reliance on heavy industry and high-quality exports. However, this model, long touted by Europeans, now appears to be facing a profound structural crisis.
While Berlin is expected to maintain its economic leadership on the continent, economic indicators are recording a significant decline in its performance, raising serious questions about its ability to maintain its competitive position in a rapidly changing global market.
A recent report by the German Central Bank highlighted shocking figures: Germany lost 18 percent of its share of global exports between 2021 and 2024, continuing a downward trend that began in 2017. As this decline continues without clear signs of an imminent recovery, the "German machine" appears to be at a crossroads: either reinvent itself or accept a gradual decline in its global position.
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