Germany is losing its edge in technology due to outdated infrastructure. For example, the Wi-Fi connection breaks down on trains when crossing the border, and there are blackout zones without coverage on the Autobahn. Additionally, the share of fiber connections in Germany is only 8%, compared to over 80% in Korea, Japan, and Spain.
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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