As Germany gears up for early federal elections in February, the country's economic struggles are overshadowing climate protection efforts. Friedrich Merz, frontrunner for Chancellor, stated he would only shut down coal and gas plants if it doesn't harm German industry. Even parties typically pro-climate are notably reserved on the issue.
Germany's economy has contracted for two consecutive years, impacted by high energy prices and stagnant demand. The automotive industry, a traditional economic backbone, has announced mass layoffs due to declining sales and profits. Experts attribute the economic issues to structural problems, including dependence on Russian gas and slow adaptation to trends like electric mobility.
Meanwhile, Uruguay's Foreign Minister advocated for the ratification of the EU-Mercosur free trade agreement in Brussels, aiming to send a strong signal against Trump's protectionist measures. The agreement, finalized in December after two decades of negotiations, would create a trade area encompassing the EU and Argentina, Brazil, Paraguay, and Uruguay. However, ratification faces resistance from European farmers and is unlikely to take effect before 2026.