Challenges and Skepticism: Germany's Economic Outlook

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This chapter analyzes the major obstacles faced by the German economy, including COVID-19 disruptions, global growth slowdown, domestic issues, and skepticism towards government efforts. It highlights the skill shortage and bureaucratic challenges that hinder solutions, impacting daily life and potentially affecting neighboring countries like Poland.

BP’s chief executive Bernard Looney is resigning and SoftBank’s Arm is set to hit the public market on Thursday. Plus, we look at why Germany’s economy is stalling and how its economic woes are hurting its neighbours.

Mentioned in this podcast:

BP chief Bernard Looney resigns over past relationships with colleagues

Arm targets valuation of up to $52bn in IPO

Olaf Scholz vows to cut bureaucracy as German economic woes mount

Polish zloty’s fall highlights tricky balancing act of central banks

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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