Joachim Low will continue as Germany coach, despite the country's shock group-stage exit from the 2018 World Cup.
Six days after Germany's defeat to South Korea ended their defence, the German FA (DFB) released a statement which confirmed Low would continue in the role and form a new team in preparation for Euro 2020.
Low, 58, had previously received the backing of the DFB leadership despite the nation's worst World Cup since 1938.
The German FA made it clear that "despite all the disappointment over the sporting result [Low] still felt unabated motivation and energy to prepare the team for the upcoming challenges."
DFB president Reinhard Grindel, who had previously contracted Low until 2022, also came out in support of the decision.
"We all are deeply convinced that we have a Bundestrainer in Joachim Low, who will analyse the situation, take appropriate action and get the national team back on winning track," Grindel said.
He also confirmed that Low and team manager Oliver Bierhoff will now get the time needed to review the tournament and prepare a "thorough analysis to the DFB chair ahead of the Nations League match against France in September."
Low said that he was "thankful for the trust the DFB continues to put in me," but added "my disappointment is still huge, but now I want to fully get behind the new beginning. I will now analyse the situation with my staff, hold talks and draw the right conclusions once the new season begins.
"It all needs time, but it will happen until the start of the new international season in September."
OFFICIAL: Joachim #Löw will continue as #DieMannschaft head coach 🇩🇪 pic.twitter.com/PL6xJUgPxH
— Germany (@DFB_Team_EN) July 3, 2018
Low has been with the German FA since 2004, when he was appointed to Jurgen Klinsmann's coaching staff. He took charge of the side following a third-placed finish at the 2006 World Cup on home soil and led the Nationalmannschaft to the trophy in 2014.
He also led Germany to the European Championship final in 2008, and secured semifinal appearances at the 2010 World Cup as well as the 2012 and 2016 European Championship.
However, he stuck with Germany's golden generation of Thomas Muller, Mesut Ozil, Jerome Boateng and Sami Khedira, among others, at the 2018 finals in Russia, where the defending champions did not make it out of their group.
Having failed to fully integrate the newer players from the victorious 2017 Confederations Cup campaign into the squad this summer, a tired Germany were eliminated from the World Cup in the opening round for the first time since 1938. Last Thursday, Low likened the current situation to Germany's struggles after failure at the 2004 European Championship and said that "far-reaching measures and clear changes" were needed.
Low's first post-World Cup match will be a meeting with France in the UEFA Nations League in September.