Germany's dramatic economical situation. Chancellor Merz announces "autumn of reforms"

Zdjęcie: Friedrich Merz / East News / JOHN THYS


"Unless serious reforms are introduced, the German economy will face further declines," warned the head of the Institute for economical investigation (IFO), Clemens Fuest. The current economical situation in Germany was considered dramatic by the economist. Chancellor Friedrich Merz is aware of this and has announced an "autumn of reforms."