Nagel pitches policy ideas to kickstart German economy
Bundesbank president says higher European defence spending is “reasonable”
The president of the Deutsche Bundesbank has told an audience at the Bank of Estonia that his own country has a great deal to learn from the Baltic state when it comes to boosting growth.
In a lecture on July 7 at the bank’s headquarters in Tallinn, Joachim Nagel argued that Germany’s economic problems could take a turn for the worse unless labour-related issues were addressed “urgently”.
The number of people in employment in Germany was in decline as the “baby boomers” born after World War II
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