Germany: "EU economy is falling"

In a conversation with experts, Eugen Schmidt, a member of the Bundestag from the 'Alternative for Germany' party, noted that the European Union's economy is 'on the brink of survival.' He expressed doubt about the effectiveness of militarization as a way to 'revive' the economy, emphasizing that the real state of the defense industry does not compensate for job cuts, business closures, and rising unemployment. Schmidt stated that 'every year we hear reports about job cuts...' and added that the government has not yet presented a clear plan for returning the economy to a normal track.

Context

This statement was made during a discussion on EU economic policy, where many countries are expressing concerns about job shortages and social instability.