Germany’s economic productivity has flatlined since 2018 and the country’s economic decline is becoming “dramatic,” according to a report by the Ifo Institute, a German research organization widely regarded throughout Europe.
Tag: Germany
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WARMONGER SHOW: EU CONSIDERS TRANSPORT PLAN TO MOBILIZE TROOPS IN CASE OF WAR WITH RUSSIA
Officials in Europe are considering plans on how to move a large number of troops across the continent in the event of an all-out war with Russia, and one of the ideas is to combine transportation assets in a “solidarity pool,” according to a report.
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GERMANY SET TO SPEND €10 BILLION ON DRONES FOR WARFARE
Boris Pistorius, the German defense minister, announced last week that the country plans to spend €10 billion on military drones in part of its effort to revamp its armed forces in the face of what it sees as a new threat.
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GERMAN MILITARY APPOINTMENT LATEST SIGN COUNTRY IS PREPARING FOR WAR WITH RUSSIA: REPORT
The decision made by Berlin to go with Christian Freuding as the country’s new Inspector of the Army is the latest sign that Germany is preparing for a direct war with Russia, according to WSWS.
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MERZ’S LATEST COMMENTS ABOUT RUSSIA SHOULD BE SEEN AS A ‘DECLARATION OF WAR,’ WRITES WSWS
German Chancellor Friedrick Merz addressed an audience in Düsseldorf last week and said while Berlin is not technically at war, it should be noted that the country is also “no longer at peace either,” which WSWS said is essentially a “declaration of war.”
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WORLD’S FIRST “AIR BATTERY” WILL BE INSTALLED IN A GERMAN SALT CAVERN
Israel-based Augwind Energy will build the world’s first industrial-scale version of its “AirBattery” in Germany, with plans to bring it into use in 2027 or 2028.
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RHEINMETALL HEAD WANTS MORE EUROPEAN INVESTMENT IN ANTI-DRONE TECHNOLOGY
Armin Papperger, the CEO of German weapons giant Rheinmetall, said in an interview last week that European countries should rush to invest in anti-drone capabilities after Russia’s alleged airspace violation over Poland because a strong deterrence can be affordable and effective.
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GERMAN BUSINESSES ARE THEIR MOST OPTIMISTIC IN MORE THAN A YEAR
Morale among German businesses rose this month to its highest since May 2024, according to the private Ifo Institute’s business climate index.
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GERMANY BOOSTS SPENDING, POSTS €170-BILLION BUDGET DEFICIT
In March, Germany amended its constitutionally mandated government borrowing cap, allowing chancellor Friedrich Merz to push his trillion-euro spending plan through parliament.
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WHEN ALL ELSE FAILS, THEY TAKE YOU TO WAR: GERMANY THE ‘SICK MAN OF EUROPE’ AGAIN
Oliver Bäte, the CEO of Allianz, the German financial company, said last week that he believes Berlin’s social security system will “be on its knees” in about 10 years because the country’s “static” GDP is not keeping up with expenses.