German Economy No ‘Sick Man,’ Bundesbank’s Nagel Says

Germany’s economy will probably expand again next year, according to Bundesbank President Joachim Nagel.

“Germany isn’t the sick man of Europe,” he told broadcaster ARD in an interview released Thursday. “It certainly is the case that 2023 wasn’t a good year in regard to economic growth. But what’s also true is that this won’t be a year of a hard recession.”