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Nagel Calls for 'Prosperity Update' to Boost Germany's Appeal

Germany's central bank chief says the country needs an economic overhaul. Prominent economists agree, discussing updates to boost prosperity and competitiveness.

In the image there are some books in the rack and above there is a card with some text on it.
In the image there are some books in the rack and above there is a card with some text on it.

Nagel Calls for 'Prosperity Update' to Boost Germany's Appeal

Joachim Nagel, the current President of the German Federal Bank, formerly served as a member of its Executive Board. He recently participated in a discussion with Professors Marcel Fratzscher and Stefan Kooths, moderated by Ursula Weidenfeld, focusing on the need for a 'Prosperity Update' for Germany.

Nagel, who previously held the position of Executive Board member at the Deutsche Bundesbank, took centre stage at the INSM's Ludwig-Erhard-Lecture. His talk, titled 'Do We Need a Prosperity Update?', delved into economic and financial policy strategies to make Germany a more appealing investment destination.

The discussion, moderated by Ursula Weidenfeld, brought together Nagel, Professor Marcel Fratzscher of DIW Berlin, and Professor Stefan Kooths of ifw Kiel. They explored the potential updates required to boost Germany's prosperity and competitiveness in the global economic landscape.

Joachim Nagel, in his role as President of the German Federal Bank, shared his insights on the necessity for a 'Prosperity Update' at the INSM's Ludwig-Erhard-Lecture. The discussion, involving prominent economists, highlighted the importance of economic and financial policy updates to enhance Germany's attractiveness as a location for investment and growth.

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