Germany cuts 2025 economic growth forecast to 0.3% amid structural challenges
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Euronews.com
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The German government has revised its economic growth forecast for 2025 down to 0.3%, significantly lower than the previous 1.1%. The economy has faced stagnation for four years, with a GDP contraction of 0.2% last year. The upcoming parliamentary election on February 23 is focused on economic recovery, with contrasting proposals from candidates. Vice Chancellor Robert Habeck highlighted structural issues like skilled labor shortages and bureaucratic hurdles. The Federation of German Industries predicts a further contraction of 0.1% this year, criticizing past government inaction on reforms. Teljes cikk (Euronews.com)