Top Economist Schularick: "In the heart of Parliament, the state of emergency has not been understood

The President of the Institute for the World Economy (IfW), Moritz Schularick, has sharply criticized the failed start of the new federal government. "The biggest disillusionment today is: in the heart of the parliament, apparently not everyone understood the state of emergency we are in," said Schularick in an interview with the "Neue Osnabrücker Zeitung" (NOZ). Party tactics are "flame dangerous" in a situation that is highly sensitive to fore…

Party tactics instead of leadership threatens Germany's ability to act, warns economist Moritz Schularick. The new government is starting to weaken – especially in a time of historical challenges.