German policy has ‘double standards’
“Germany was the role model for the ECB but this is no longer the case because we have stepped back from reforms. German policy making is now contrary to what other countries have to do,” said Benjamin Weigert, Secretary General of the German Council of Economic Experts.
In the early part of the last decade, the German government introduced a series of painful reforms, particularly in the labour market. This included deregulating many parts of employment law.
