Published 2 days ago

Germany’s government slashes its economic growth forecast for this year to 0.3%

Germany's government has reduced its economic growth forecast for 2025 to 0.3%, down from 1.1% projected last October.
The downgrade is attributed to the government's collapse last November and increased trade risks due to the return of U.S. President Donald Trump to the White House.
Economy Minister Robert Habeck stated that Germany is facing stagnation and structural problems, including a shortage of skilled labor and investment weakness.
A survey by Union Investment found that 53% of respondents expect their financial situation to remain stable in the next 12 months.