Domestic growth unlikely even if Germany wins World Cup – Nagel
Bundesbank president says momentum will pick up by 2028 and calls for further deregulation
Joachim Nagel has called for further deregulation and faster approval processes to attract investment into Germany.
Speaking at the Frankfurt Euro Finance Summit on June 15, the Deutsche Bundesbank president said that although there had been progress on restarting the country’s economic engine, policy-makers could “rev [it] up even more”.
Nagel began his speech by joking that in the years when Germany’s – or, by implication, West Germany’s – men’s football team had won the World Cup, the country’s
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