95
Germany faces years of near-stagnation as baby boomers retire and it battles a shrinking workforce, the International Monetary Fund (IMF) has warned.
The world’s lender of last resort said Europe’s largest economy will be doomed to lacklustre growth unless it finds a way to keep people in work.
The growth rate of Germany’s working age population will fall by 0.7 percentage points “in the medium term” owing to the large generation of boomers retiring and fading immigration, the IMF said.
This…