Germany may finally be emerging from years of stagnation. Ifo President Clemens Fuest explains why recent economic data points to stabilization, why he believes Germany has "bottomed out," and what must happen next to secure a lasting recovery. He also outlines the reforms Germany needs to unlock growth and adapt to a changing global economy.
01:44 What we are seeing is a stablization of the German economy
02:26 Recovery more than just a flash in the pan
03:46 Adjustment in the auto sector not over yet
05:49 People recognised enormous competition from China
08:02 Germany adjusting to competition, sentiment improving
11:29 German economy has bottomed out
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