Germany faces end of economic boom – El Pais ...News

Economy by : (Russia Today) -
Failure to adapt to geopolitical changes and a lack of investment have sent the nation into decline, analysts say Germany’s decades of prosperity, which propelled it to become one of the world’s biggest economies, are coming to an end, Spanish daily El Pais claimed earlier this week, citing analysts.  According to figures released by the International Monetary Fund in July, Germany is forecast to be the only major economy not to grow this year, with its GDP expected to decline by 0.3%.  The German model hinges on cost competitiveness, technological leadership in industry, and geopolitical stability, and “all of th

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