Germany at risk of becoming ‘Sick Man of Europe’ – Deutsche Bank ...News

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Germany at risk of becoming ‘Sick Man of Europe’ – Deutsche Bank
The Eurozone’s industrial powerhouse is dealing with a recession and an energy crisis The struggling German economy could once again be called the ‘Sick Man of Europe’ if structural issues are not addressed immediately, Deutsche Bank CEO Christian Sewing has warned. European countries are often given this label when they experience economic difficulties, social unrest, or impoverishment. Germany received this notorious status in the late 1990s and was described this way into the early 2000s. “We are not the ‘Sick Man of Europe,’” Sewing said in his address at the Handelsblatt Banken Summit 2023 on Wednesday, “but

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