germany bet Europe

A renewed German embrace of realpolitik would allow the EU as a whole to tackle the big questions facing it clear-eyed

Germany Reinvents Itself And Bets On Europe And High Tech

Lidia Conde (Frankfurt) |  German corporations are highlighting the risks of the global distribution of work, their weakness in the face of global value chains. Will work and production return to Europe, to Germany? It’s not clear. The pandemic has led to unprecedented reactions and almost unconditional support for Europe. It’s a way of helping yourself. Germany is expecting the worst recession since World War II, with the economy declining by up to 8% in 2020.