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Fortune
Fortune
Prarthana Prakash

Deutsche Bank CEO says Germany risks becoming ‘the sick man of Europe’ unless structural fixes are made

christian sewing speaking (Credit: Hollie Adams—Bloomberg/Getty Images)

Germany was the trading hotspot of the world not too long ago. But it’s recently become the worst-performing major developed economies on the planet. International organizations have predicted that the German economy will shrink this year, prompting debates about whether the country’s ailing economy would bring down the rest of Europe.

But the chief of Germany’s leading bank thinks the country hasn’t reached that point yet—although it risks going down that path. 

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