Can new German chancellor Merz cure the 'sick man of Europe’?

Europe’s largest economy finally has a leader. Conservative Friedrich Merz was elected as German chancellor on Tuesday, but only after a second round of voting in the Bundestag. The unprecedented failure in the first round has raised doubts about the new government's ability to revive a flagging economy through reforms. Germany’s industrial base, once the backbone of its economy, is eroding. What needs to be done for the country to bounce back? FRANCE 24's Yuka Royer talks to Frederik Lange, senior manager for research of industrial and economic policy at the Federation of German Industries. 

May 8, 2025 - 21:09
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Can new German chancellor Merz cure the 'sick man of Europe’?
Europe’s largest economy finally has a leader. Conservative Friedrich Merz was elected as German chancellor on Tuesday, but only after a second round of voting in the Bundestag. The unprecedented failure in the first round has raised doubts about the new government's ability to revive a flagging economy through reforms. Germany’s industrial base, once the backbone of its economy, is eroding. What needs to be done for the country to bounce back? FRANCE 24's Yuka Royer talks to Frederik Lange, senior manager for research of industrial and economic policy at the Federation of German Industries. 

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Oganews As a passionate news reporter, I am fueled by an insatiable curiosity and an unwavering commitment to truth. With a keen eye for detail and a relentless pursuit of stories, I strive to deliver timely and accurate information that empowers and engages readers.