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Allianz Boss Warns Germany Risks Becoming ‘Sick Man of Europe’

Summary by Financial Times
Oliver Bäte predicts country’s social security system could collapse in a decade unless spending is cut

9 Articles

hna.dehna.de
+2 Reposted by 2 other sources
Center

Employers' President Dulger warns: Germany's welfare state will become a brake on growth. All social benefits must be reviewed.

Left

DGB chairman Yasmin Fahimi brand-markets parts of the capital associations whether their "permanent fire and total attack" on the German welfare state. Fahimi remains audibly small-mouthed against the "black-red" coalition.

Lean Right

The head of the German Trade Union Confederation, Yasmin Fahimi, accuses parts of politics of "unhidden ignorance" – the social scissor of the country continues to open up. In the case of employers' representatives, she observes an increasing aggressiveness.

·Dortmund, Germany
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On 16 July, the European Commission will present its plans for the EU budget from 2028, thus defining the EU's priorities for the coming years. In view of the major changes, especially in European cohesion policy, the Federal Working Group on Free Welfare (BAGFW) calls for people to be placed at the centre of European investment. {/mprestriction} Achim Meyer auf der Heyde, President of the BAGFW, warns: "The European Union must invest in social …

Trade unions complain about employers are nothing new. DGB boss Yasmin Fahimi sees a new level of aggressiveness in some of them.

·Leipzig, Germany
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  • 60% of the sources are Center
60% Center
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Mittelstand Cafe broke the news in on Monday, July 14, 2025.
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