After two consecutive years of recession, the Bundesbank expects only a very weak recovery in growth in 2026, i.e. 0.6%. Germany is thus one of the worst performers among European economies. Long cited as an example for the rigour of its management, its controlled inflation and its large trade surpluses, the country now appears to be the sick man of Europe because it does not seem prepared to respond to the challenges caused by the fragmentation of the world economy and the growing competition from Chinese companies.
This is not the first time that its status as a ...