Steinmeier: The weak economy is one of the most important challenges for the German federal government
The President of Germany considered the weak economic growth in his country as one of the most important challenges of the federal government, which should be prioritized. |
However, given the numerous crises at home and abroad, the federal president cautioned against excessive pessimism, saying: “I I’m worried like many, and the situation is not that easy. But I will not yet join the loud chorus of those who judge our country to be on the brink. Crisis is not destiny. We must not pretend we cannot escape it. That’s why I say: Pessimism is paralyzing. What we need is an attitude and reflection on our own strengths.” evaluated and addressed the reasons for this issue, including the increase in energy prices due to the war in Ukraine.
The German economy minister said on Wednesday in Berlin when presenting the annual economic report: “We are slower than expected from the crisis We’re out.” The government expects only a modest 0.2 percent growth this year. In the fall forecast, the government expected growth of 1.3 percent. Last year, the German economy went into recession.
He also mentioned the problem of the lack of skilled workers and noted that this problem will continue to worsen. According to the German Minister of Economy, the biggest structural problem in Germany is the lack of skilled workers. According to the German Minister of Economy, another reason for Germany’s lower growth compared to other countries is the existence of energy-intensive industry. >
Publisher | Tasnim News |