Germany's Economic Crisis and Political Response

Germany faces a severe economic crisis impacting key industries, driven by uncompetitive conditions and global protectionism. The paralysis of the World Trade Organization further complicates the situation, signaling the decline of the 'German business model.' With 2.8 million unemployed and 700,000 job vacancies, the labor market is in disarray.

The CDU/CSU parliamentary group has proposed measures to enhance competitiveness, while the FDP seeks to address local challenges like housing shortages. Despite these efforts, Chancellor Scholz appears silent on the issue, even as the ongoing conflict in Ukraine exacerbates the crisis.

This lack of leadership raises concerns about Germany's economic and security future, leaving the nation to navigate these turbulent waters largely on its own.