Amid concerns over a sluggish economy and geopolitical risks, German manufacturers are showing a weak appetite for investing abroad, according to a recent poll. Discussions by experts Sudha David Wilp and Jacob Kirkegaard highlight Germany's shrinking economy and propose a new growth agenda aimed at alleviating Berlin's economic woes while enhancing European competitiveness. In response to Russian aggression, Germany, France, and 12 other EU countries have called on the European Investment Bank (EIB) to increase its defense financing to bolster the bloc's security. This move is led by Germany and France, indicating a strategic shift towards enhancing security and defense financing within the EU. A Bloomberg survey has further underscored the economic challenges facing Germany, indicating that the country is currently in recession due to a 1st-quarter slump and is expected to see minimal growth this year.
Germany is in recession due to 1st-quarter slump, survey shows https://t.co/6YfmhFrpQS https://t.co/IovTn95tUG
#Germany, #France Lead Call for EIB to Step Up Defense Financing Countries send a letter to the EIB, European Council, Belgium They call the EIB to enhance financing for security, defense https://t.co/Oz5RSOIDRK
Germany is in recession and its economy will hardly grow this year, according to a Bloomberg survey https://t.co/SbV2iijPik
Germany, France Lead Call For EIB To Step Up Defense Financing - @business https://t.co/cUyJFviHwx
Germany, France lead the call for the EIB to step up defense financing https://t.co/3ZwWe8C39M via @mcnienaber https://t.co/9XdOGJYp4l
Germany and France joined 12 other EU countries in calling for the European Investment Bank to enhance its financing for defense as a means to boost the bloc’s security in light of Russian aggression https://t.co/BBnzgkgSKd
.@SudhaDavidWilp and @jfkirkegaard discuss Germany’s shrinking economy—and outline a new growth agenda that can both alleviate Berlin’s economic woes and boost European competitiveness. https://t.co/PYrRg077Tg
German manufacturers’ appetite to invest abroad remains weak amid fears of a sluggish economy and geopolitical risks, according to a new poll https://t.co/FWvE6zWmKF