Nearly twenty-five years after describing Germany as the “sick man of Europe”, the American magazine The Economist uses the same expression to describe the economic crisis it is going through today. According to the IMF, German GDP fell by 0.3% between January and March 2023, which would place Germany last in the ranking of the world’s major economies, behind the United States, Spain and France.
What are the reasons for this crisis? How can the German economy get out of the impasse? Should France be happy or worried about this situation? Find the analysis of Elisa Goudin-Steinmann, lecturer at the Sorbonne-Nouvelle and author of The GDR after the GDR ; Marie Krpata, researcher at the Ifri Franco-German Relations Study Committee and Patrick Artus, Natixis director of research and studies.
Credits: INA FASSBENDER / AFP