Leading German economists are calling for more political efforts to sustainably stimulate the economy. Ifo boss Clemens Fuest says consumers were unsettled and companies' business was going "extremely badly" at the beginning of the year.
Fuest criticizes the economic situation and takes the traffic light government to task. More public investment in efficient transport, digital and educational infrastructure is urgently needed. According to the Bundesbank's forecast, the German economy may be at risk of a recession in the current first quarter due to the increasing number of strikes.