Mammoth re-engineering project begins: Germany

German Chancellor Olaf Scholz speaks at a news conference following a virtual meeting with Germany’s federal state premiers to discuss the country’s strategy against the spread of the coronavirus disease (COVID-19) pandemic, in Berlin, Germany December 21, 2021.

Germany is turning over a new leaf. Its new chancellor, Olaf Scholz, wants a greener and more digital economy, and so do corporate titans like Volkswagen (VOWG_p.DE) and Siemens (SIEGn.DE). Their combined efforts will launch a complete revamp of Europe’s biggest economy.

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