Citizens' Campus: Germany in the grip of crises - political background and economic consequences

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Fr. 21.10.2022
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Topic:          Germany in the grip of crises - political background and economic consequences

Speaker:     Prof. Dr. Fritz Söllner, TU Ilmenau, Department of Economics and Media, Head of the Department of Finance

Time:          Friday, 21.10.2022, 3:00 p.m.

Place:         TU Ilmenau,Röntgenbau, Weimarer Straße 27

Admission: 5 Euro


There have always been crises. But the accumulation of crises in the last fifteen years seems unique in recent German history. Starting with the financial and banking crisis, one crisis followed another: Euro crisis, nuclear energy crisis, refugee crisis, climate crisis and Corona crisis. Some of these crises have become sharper and more topical as a result of the Ukraine war.

In his lecture at the TU Ilmenau Citizens' Campus, Prof. Fritz Söllner, Head of the Group of Finance at the TU Ilmenau, unilaterally assigns responsibility for the inadequate management of the consequences and elimination of the causes of these crises to German politics. His analysis of the background to these developments and their economic and political consequences leads him to a sharp personal thesis: all of these crises were instrumentalized and exploited to pursue political goals that could not have been pushed through in "normal" times. Söllner goes even further with his own interpretation of the crisis management by what he calls "German politics": the most important political goal was the establishment of a European state. And now a new crisis is already on the horizon: the demonetization crisis. Prof. Söllner sees not only the war in Ukraine as responsible for this, but also, as he puts it, "the misguided crisis policy of recent years".



Dr. Uwe Geishendorf
Central Institute for Education
+3677 69-4675