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Germany’s Aging Population Necessitates Immigration, Says Bundesbank Chief Nagel
By Mark Schroers | October 20, 2025, 8:51 PM UTC
Bundesbank President Joachim Nagel has emphasized the critical need for immigration in Germany to sustain the nation’s economic growth and address its demographic challenges. Speaking in New York, Nagel highlighted that Germany, like many other countries, is experiencing an aging population.
“We are an aging society, and Germany is among these nations,” he remarked, reinforcing earlier statements. “To maintain our economic strength, we must embrace immigration across Europe, as failing to do so will result in a significant loss of economic capacity.”
The call for increased immigration comes as Germany grapples with a declining workforce, which poses risks to its long-term economic stability. Nagel’s comments underline the urgency for policy changes that facilitate the integration of immigrants into the labor market to bolster economic resilience.
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Source: Original