Bundesbank chief worries about weak European economy

Bundesbank President Joachim Nagel said he is more worried about the weakness of the European economy than Germany. Nagel, who is also a member of the Governing Council of the European Central Bank, said at an event on Wednesday that many...

European economic weakness

Nagel pointed out that the weakness of the European economy is worrying. He emphasized Germany's importance in the European economy and expressed concern about the economic performance of other European countries.

economic challenges

Nagel further pointed out that Europe faces many economic challenges, including trade uncertainty and slowing global economic growth. These factors may have a negative impact on the European economy.

Countermeasures

In response to the weak situation in the European economy, Nagel called on governments and central banks to strengthen cooperation and work together to deal with economic challenges. He stressed the importance of international cooperation.

Looking to the future

Nagel said that although the European economy is currently facing difficulties, he still has confidence in the future. He believes that through joint efforts, the European economy will be able to get out of the woods and achieve stable growth.