Bundesbank President Joachim Nagel sees the rise of right-wing extremism as a threat to German prosperity. Nagel: “I appeal to everyone not to take the danger of Right-wing Extremism lightly" Nagel recently demonstrated for democracy for the first time in his life.

Germany comes from a special situation because its large, open economy was particularly badly affected by the Russian war of aggression against Ukraine, he said. He appealed to the business associations not to badmouth the economic situation in Germany.