Germany’s Top Economist Charts a Path Out of Europe’s Crisis NYT | Top Stories By: Eshe Nelson 10 October 2025 at 15:41 Joachim Nagel, the president of Germany’s central bank, warned against “complacency” in European capitals over tariffs, competition with China and attacks on institutions. © Sam Bush for The New York Times“Complacency is definitely not the right attitude,” said Joachim Nagel, the president of the Bundesbank, in an interview in London.