News analysis

Macron joins hefty debate on Germany's economic direction

French President Emmanuel Macron and German Chancellor Angela Merkel at an event last month, before the start of the Balkan summit. Mr Macron has forecast that the German economic cycle is coming to an end.
French President Emmanuel Macron and German Chancellor Angela Merkel at an event last month, before the start of the Balkan summit. Mr Macron has forecast that the German economic cycle is coming to an end. PHOTO: BLOOMBERG
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BERLIN • The German economy has created unprecedented wealth and prosperity, and is currently enjoying its lowest unemployment rate since unification 29 years ago.

But according to France - Germany's most important European neighbour - the German business model could soon be phased out.

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A version of this article appeared in the print edition of The Straits Times on May 13, 2019, with the headline Macron joins hefty debate on Germany's economic direction. Subscribe