A post by @FirstSquawk on X.

German Chancellor Friedrich Merz said the country’s economy is under “enormous pressure,” flagging mounting strain on Europe’s largest economy. The remark, delivered via a First Squawk post, marks a stark public acknowledgment of Germany’s growth slump. It matters because Germany’s industrial base has been weighed down by weak demand, high energy costs and structural headwinds, making its performance a drag on the wider euro-area outlook. Investors will watch for follow-through in Berlin’s policy response and upcoming German activity and sentiment data for signs of stabilization.