Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Euro Watch: Is Germany's economy struggling in 2024?

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Hundreds of thousands of people faced train cancellations across Germany from Jan 10, as a three-day nationwide rail strike added to travel chaos in Europe’s largest economy, where farmers’ protests have blocked highways and snarled traffic.

The strikes and protests add to pressure on German Chancellor Olaf Scholz’s coalition government, which faces growing economic problems, including weak macroeconomic data, high interest rates and a budget mess.

Is Germany’s economy struggling in 2024 and can the government fix it?

Cedomir Nestorovic, Professor of Geopolitics, ESSEC Business School, Asia-Pacific gives us his analysis. 

 

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