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Germany Can’t Be Satisfied With Path of Economy, Lindner Says
Germany’s economic trajectory leaves much to be desired, according to Finance Minister Christian Lindner. “The German economy is treading water — we cannot be satisfied,” the country’s finance chief told reporters in Luxembourg on Monday. “We are experiencing structural change combined with a loss of competitiveness.” Germany has failed to grow in any two consecutive quarters since Olaf Scholz’s cabinet took office in late 2021. Lindner spoke at the start of a pivotal week of economic data, which already kicked off on a negative note with dire numbers on factory orders. Industrial production figures ... (full story)