Germany's economy is facing challenges due to over-dependence on Russian energy and inadequate response to technological transformations, limiting growth prospects and presenting election implications.
The pandemic and the Ukraine war have significantly impacted Germany, exacerbating energy costs and highlighting structural weaknesses in its industrial base, particularly in energy-intensive sectors.
German companies must diversify their globalization strategy to reduce dependence on China while enhancing innovation in digital and green technologies to restore economic competitiveness.
The previous decade of success has left some German firms complacent, making it essential for them to rethink their approach to emerging technologies, such as electric vehicles.
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