ContextSpeech at the 79th Monetary Workshop in Darmstadt; the Bundesbank is Germany's central bank within the euro system and watches an economy facing weak potential growth.
Why it mattersThe Bundesbank president lists bureaucracy, labour shortages and weak investment as the core of Germany's growth problem.
Problems raised
Germany's economic model faces major challenges.
Growth is under pressure.
Red tape blocks investment.
Solutions proposed
Cut unnecessary bureaucracy.
Strengthen the labour force.
Improve investment conditions and support innovation.
