The GDP data of the major countries of the European Union are released, and the top four "Big Four" can be said to be completely wiped out. Germany ** 03%, with a growth rate of 0 in France and 0 in Italy2% and Spain grew by 06%。These are the four countries with the highest economic level in the EU, and all of them together have a growth rate of less than 1%, which shows how grim the economic situation in the EU is. The reason why the EU is in a serious crisis is directly related to the situation of Germany, which is the leader of the EU economy, and Germany's economic situation is good, which can often drive the economy of the entire EU. Conversely, if Germany's economy fails, the EU will also suffer. Now that Germany is experiencing negative growth, that is to say, there is a recession, and it is fortunate that the EU has not been completely collapsed by Germany. In the long run, both Germany and the EU are in a very bad situation. Germany's ability to get rid of the name of Europe's sick man is directly related to the previous two German leaders.
The first was Schröder, who, as soon as he became chancellor, proposed a package of economic reforms, which led to a noticeable improvement in the German economy. After Schroeder lost support, Merkel took over the baton, and Merkel served as German Chancellor for 16 years, which can be described as exhausting and bringing the German economy to a new height. At this point, no one is called the sick man of Germany and Europe anymore. However, two years after Scholz took office, people have reminded themselves of the phrase of Europe's sick man, and it seems more appropriate to apply it to Germany now, after all, Germany is the only country in decline among the world's major economies. According to an economic expert from Switzerland, Germany's problems are more serious than a simple recession: the foundations of its prosperity have been destroyed, and there is no quick fix for restructuring the economy.
If it is just an ordinary recession, the impact will not be too far-reaching, for example, during the pandemic, the German economy also declined, but at that time, no one called Germany the sick man of Europe, because the overall framework of the German economy is good, the foundation of prosperity is there, as long as it passes a certain period of time, it can get better. The situation in Germany is different now, the pillars that support the country's economic development have been destroyed, and without these foundational supports, it will be difficult for the German economy to develop as it once was. These bases are mainly cheap energy from Russia. This is not only the basis of Germany, but also of the European Union. Germany was originally a hub for Russian energy to enter the EU, but now Germany can't get cheap energy on its own, and even the EU has been impacted, so not only the German economy is sluggish, but the entire EU is struggling. German Chancellor Olaf Scholz's performance in power has been controversial. He faced many internal and external challenges, but failed to deal with them effectively, leading to a decline in the German economy and international standing.
When Scholz took office, Germany was not in crisis, but he failed to continue the successes of the Merkel era and suffered failures on issues such as repairing the Nord Stream 2 pipeline. This raises questions about his leadership. Scholz's policy deviated from Germany's traditional course, which also worries many. His socialist policy and high tax policy had a negative impact on the German economy. The growth rate of the German economy is gradually slowing, and the willingness to invest and start a business has been suppressed. In addition, Scholz has not been able to solve the problems faced by Germany, such as an aging population and a shortage of labor, which further exacerbates the difficulties of economic development. In the international arena, Scholz's foreign policy has also failed to make a significant breakthrough. He failed to effectively manage relations with Russia and suffered a major setback on the issue of repairing the Nord Stream 2 pipeline. This not only leads to tensions between Germany and Russia, but also calls into question Germany's influence in Europe and globally.
At the same time, Scholz did not actively respond to major events such as Brexit and the Sino-US war, which led to a gradual decline in Germany's position in international affairs. Germany under Scholz faced many challenges, but he was unable to address them effectively. His leadership style was seen as lacking in decisiveness and foresight, which caused Germany to miss out on many opportunities for growth. Germany's future is in jeopardy and a new way out is needed. However, the problem is not entirely unsolvable. The new generation of leaders can drive Germany's economic growth by adopting proactive economic policies that encourage innovation and investment. At the same time, strengthening diplomatic relations and actively participating in international affairs can also enhance Germany's international status. In general, Scholz's failure to effectively respond to Germany's internal and external challenges during his leadership led to a decline in Germany's economy and international standing. The policies he pursued deviated from Germany's traditional course and had a negative impact on the economy.
However, the problem is not unsolvable, and a new generation of leaders can change the status quo in Germany through active economic policies and diplomatic efforts. Only by finding a new way out can Germany emerge from its predicament and usher in a brighter future.