Merkel admits that Germany can no longer continue its previous welfare state policies!
German Chancellor Merkel said, "Germany currently does not have the economic resources to ensure the financial sustainability of the welfare system," "The current national economic capacity can no longer fund our welfare system."
Merkel advocates a fundamental re-evaluation of the welfare system for German citizens. Due to Germany's aging population and high unemployment rate, welfare expenditures have significantly increased. At the same time, Germany's economic growth has stagnated. The annual GDP growth rate has been 1.6% since 2017. In 2023, it not only did not grow but fell by 0.3%, and in 2024, it fell by 0.2%.
Original text: www.toutiao.com/article/1841404327637004/
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