Is Germany Becoming Complacent? Strong in the short-term, but trouble lies ahead for #Germany, #Europes leading economy, writes The Economist in this weeks issue. A rapidly aging of its population drags down the labour supply that potential economic growth could fall below 1% within 10 years, a recent OECD report argues, while the government itself is among the slowest reformers in the #EU, recently backpedalling on pension reform by lowering the retirement age from 65 to 63 for certain workers. Is Germany becoming complacent?
Posted on: Fri, 06 Jun 2014 09:37:20 +0000
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