Germany is commonly called one of the most important industrial powers in the world.
However, the country may soon lose this status.
This conclusion was reached by the authors of an article published in the foreign publication Bloomberg.
American journalists noted that there are many signs indicating that Germany will soon lose its status.
What problems did Germany face?
The first thing that representatives of the Western media noticed was the distance between the United States and Europe.
These two major geopolitical players are turning into competitors, although they are considered allies.
In addition, another influential country appeared – the People’s Republic of China.
The final blow for some producers was the cessation of supplies of huge volumes of cheap Russian natural gas, – MIA quotes from an article published in Bloomberg.
It is also emphasized that Germany is faced with problems not only in foreign policy, but also in its own economy.
We are talking about the following difficulties: the cessation of work of a number of enterprises, lack of investment and the aging of the working population.
It is noted that recently Germany has ceased to be competitive.
Earlier in Germany it was official that the country was becoming poorer.
