Germany Faces Economic Decline Amid Calls for Increased Productivity
Germany's economy has contracted for two consecutive years, with significant declines in industrial output. Friedrich Merz warns that a stronger work ethic is necessary, stating that work-life balance and a four-day workweek are insufficient for maintaining prosperity. The Federation of German Industries estimates that 1.4 trillion euros in additional investment is needed by 2030 to ensure global competitiveness.
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Germany's economy experienced a contraction for two consecutive years in 2023 and 2024, accompanied by a sharp decline in industrial output. Friedrich Merz, after visiting Unitree Robotics in Hangzhou, expressed concerns about Germany's productivity levels, indicating that work-life balance and a four-day workweek are not viable solutions for sustaining prosperity. The Federation of German Industries has projected that Germany requires an additional investment of 1.4 trillion euros by 2030 to remain competitive globally.
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