Some even consider Germany “the sick man of Europe”. The report published by one of Germany’s prominent economic research institutes, Ifo (Leibniz-Institut für Wirtschaftsforschung an der Universität München e. V.), on September 5, 2024, is titled “Deutsche Wirtschaft steckt in der Krise fest” (The German economy is stuck in crisis). The report identifies the crisis as primarily a structural one, ...