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In a January 2025 interview with German weekly Stern, president Steinmeier called for a review of Germany's pandemic response to be carried out after the 2025 federal election, saying that this was "urgent", and that it would "create the chance to win back people who had lost their trust in democracy or at least doubted it". If a new government ...
The German economic crisis is a significant downturn of Germany's economy that marked a dramatic reversal of its previous "labour market miracle" period of 2005–2019. The country, which had been considered to be Europe's economic powerhouse in prior decades, became the worst-performing major economy globally in 2023 with a 0.3% contraction, followed by minimal growth in 2024 leaning on ...
Now, Germany is the world’s worst-performing major developed economy, with both the International Monetary Fund and European Union expecting it to shrink this year.
He highlights Germany’s effective response to crises, such as the refugee situation and the COVID-19 pandemic, showcasing the country’s efficient governance and societal resilience. By combining historical context with contemporary analysis, Kampfner presents Germany as a model of stability and maturity in a world that is often volatile. [2]
(Bloomberg Opinion) -- It’s still early days in this pandemic, but not too early to venture a prediction: Germany and its chancellor, Angela Merkel, will come out of it looking quite good. What ...
Last year, the WHO and the World Bank estimated the need for $10.5 billion in annual funding for pandemic preparedness. BY THE NUMBERS The fund has already raised $2 billion in seed capital from ...
Three ways to sign in for contact tracing during the COVID-19 pandemic in Germany. Germany has a common National Pandemic Plan, [64] which describes the responsibilities and measures of the health care system actors in case of a huge epidemic. Epidemic control is executed both by the federal authorities such as Robert Koch Institute and by the ...
The economy of Germany is a highly developed social market economy. [24] It has the largest national economy in Europe, the third-largest by nominal GDP in the world, and the sixth-largest by PPP-adjusted GDP. Due to a volatile currency exchange rate, Germany's GDP as measured in dollars fluctuates