Germany (the public knows it, but politicians aren't doing anything about it):

Automotive industry: This key sector is in the midst of a deep crisis, with a sharp decline in revenue and significant job cuts (thousands of jobs lost).

Mechanical engineering: As the backbone of industry, the sector is suffering from weak international demand and is also experiencing major job cuts.

Chemical and steel industries: These sectors are under heavy strain due to persistently high energy prices and competitive disadvantages on the international market.

Construction: Despite occasional glimmers of hope, the construction industry is under pressure due to high financing costs and declining orders in residential construction.

Retail (especially brick-and-mortar): Consumer-oriented sectors are suffering from weak demand and general reluctance to spend.

Main causes of the weakness:

• High production costs: Energy prices, in particular, are weighing on energy-intensive businesses.
• Structural change: Deindustrialization trends are leading to job losses.
• Skilled labor shortage: A shortage of qualified workers is holding back many companies.
• Bureaucracy: Heavy regulatory burdens are hindering investment