Germany has a strong industrial base and a large amount of SMEs. This makes it easier to grow. Germany made some (good) lucky decisions in the 90s, limiting sa

Germany has a strong industrial base and a large amount of SMEs. This makes it easier to grow. Germany made some (good) lucky decisions in the 90s, limiting salary growth and cutting social welfare and pensions which helped with growth in the last decade. This seems to come to an end, Germany will be much less competitive in the next decade compared to other European countries.