A lot of what we have in Germany in terms of technology is quite old fashioned. The share of fiber connections in Germany right now is 8%. And you compare that to the places like Korea or Japan or even Spain where it is above 80%. That also shows you something about the state of technology in Germany. Of course, people are trying to fix it, but it's a very, very slow moving process.
For decades, Germany has been the driving force of Europe’s economy. But now, as it emerges from a winter recession, the nation’s resilience is showing signs of breaking down–and that could mean trouble for the rest of the continent. Bloomberg’s William Wilkes and Jana Randow join from Frankfurt to talk about why Germany has lost its economic edge–and what it will take to get it back.
Read more: Europe’s Economic Engine Is Breaking Down
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