Sharjah24 – Reuters: Chancellor Angela Merkel has steered Germany through many crises over the past 16 years, but she has also left behind a mixed legacy and failed to tackle some deep structural problems in Europe's largest economy.
Despite a "golden decade" of uninterrupted growth and budget surpluses, most economists agree Germany has neglected its public infrastructure and invested too little in digitisation.
The Ifo institute forecasts the economy will grow by a stellar 5.1% in 2022, the strongest rate since the economic boom of the early 1990s following Germany's reunification.
The unusually strong growth outlook is mainly due to the recovery and catch-up effects from the COVID-19 pandemic. But under the shiny surface, things look less bright.
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