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Germany’s finance minister confesses: Europe’s burnt out man on duty.

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The German finance minister, Christian Lindner, has admitted that Germany has become the “tired man” of Europe due to years of crisis eating away at the country’s competitiveness. Speaking at the World Economic Forum in Davos, Lindner called for serious reforms to regain Germany’s lead. He acknowledged that Germany faced low growth expectations and said that structural reforms were needed. Lindner also discussed the need for Europe to prepare for the possibility of Donald Trump winning a second term in office by creating a more competitive European economy and boosting defence spending. Overall, Lindner emphasized the importance of structural reforms, including labour market reforms, technology investment, cutting red tape, and becoming more competitive in corporate taxation, in order to strengthen Germany’s economy.

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