Germany

  All of Europe is closely watching France, the eurozone’s second-largest economy. The mix of political instability and financial issues in the ‘Grande Nation’ is concerning. France’s public debt last year reached an estimated 112 percent of its gross domestic product (GDP), accounting for one-fourth of total European Union public debt. In July 2024, the EU […]

ECAEF President and Geopolitical Intelligence Services founder and chairman Prince Michael of Liechtenstein conducted this interview with German entrepreneur Andrea Thoma-Boeck, founder and president of the Initiative Zukunft Wirtschaft Deutschland e.V. (IZW), on the root causes of her country’s economic trouble and the necessary solutions.    Germany, the fifth-largest global economy and by far the largest […]

The German government’s recent decision to reintroduce border controls with its neighbors Poland, the Czech Republic, Austria and Switzerland marks a significant departure from the Schengen principles. This populist measure comes after substantial electoral losses for Germany’s governing coalition and aims to restrict access for both asylum seekers and illegal, undocumented immigrants. This action is […]

  Leading German economic agencies have revised the country’s forecast for 2024, predicting a decrease of 0.1 percent in gross domestic product. What is happening to Europe’s largest economy? Looking at Germany’s situation, one cannot help but wonder. Even the most outlandish fiction would struggle to match this level of absurdity. This comment will not delve into […]

  The eurozone’s two largest countries, France and Germany, could drag the continent into a crisis. The year 2023 was bad for eurozone economies already, with sluggish overall growth a meager 0.6 percent. While short-term factors such as inflation and the necessarily tighter monetary policy can explain the latest developments, longer-term forces, especially in Germany and […]