Is Germany’s business model broken?

A fifth of Germany’s remaining industrial production could disappear by 2030, Siegfried Russwurm, the president of the Federation of German industries, said in september. The photo is from the BMW Group factory in Leipzig, Germany. Foto: Krisztian Bocsi/Bloomberg

Article republished from Financial Times

Olaf Storbeck in Frankfurt, Patricia Nilsson in Krefeld and Guy Chazan in Berlin, Financial Times

06. nov. 2024 KL. 12.02

Gem til senere

All three of the country’s major industries are in crisis, and the economy is flatlining. Are politicians finally waking up?

Artiklens hovedpointer

Børsens chefredaktør Niels Lunde anbefaler denne artikel fra Financial Times fordi:
Den tyske industri er i krise, og Financial Times skriver her en grundig analyse af, hvordan den tidligere bomstærke tyske industri kunne havne her.
Det er alvorligt, og ikke kun for Tyskland, men for hele Europa. Næsten to tredjedele af Tysklands import kommer fra de andre EU-lande, og Tyskland tegner sig for en fjerdedel af EU’s bnp.

In a 30-plus-year career in corporate restructuring, consultant Andreas Rüter has seen it all: the dotcom bust, September 11, the global financial meltdown, the euro crisis, Covid-19. But what’s happening right now in corporate Germany is “unprecedented” and “of a completely different order of magnitude”, says Rüter, the country head of AlixPartners.

NÆVNTE EMNER: Financial Times