Little progress: Scholz (second from left) holds his annual summer press conference on national and international topics in Berlin. Germany’s economy malaise looks likely to become part of his legacy. — AFP
BERLIN: Germany’s inability to generate meaningful growth is casting a shadow over the long-term prospects for the economy – and political hopes for the three ruling parties under chancellor Olaf Scholz.
With business confidence last week plummeting and data likely to show that gross domestic product barely rose in the second quarter, a country long seen as Europe’s motor of expansion is increasingly looking like a deadweight.
