Germany is currently 'not competitive,' economy minister says

NAMPA / DPA

2025-10-28

Berlin (dpa) - German Economy Minister Katherina Reiche on Tuesday warned of a continued decline in Europe's biggest economy, saying she believes that the country's "structures are currently not competitive." Addressing a trade conference in Berlin, the minister said German companies were suffering from excessive regulation, high energy prices and a welfare state that, on its current scale, led to overblown labour costs. The minister, who has rep......

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