The German government announced on Wednesday an economic expansion forecast of 0. 3% for the year 2025, down to the 1. 1% scheduled for last October.
The close expansion projections occur in the middle of the return of US President Donald Trump to the White House and the next federal elections next year.
A report through the Ministry of the Economy hoped that the deficient economic yields of Germany will be larger until this year, after two years of recession.
“Germany is stuck in stagnation,” Economy Minister Robert Habeck told a press conference in Berlin.
The report indicates that the review of the prognostic expansion “mainly due” to the Government Cave last November, which led to an interruption of the measures aimed at inspiring the expansion.
The coalition of Foreign Minister Olaf Scholz collapsed in November, after his social democrats (SPD) and the greens held conversations with their coalition partner, the Neoliberal Free Democratic Party (FDP), for budget disagreements.
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While the largest economy in Europe awaits a new government after the February 23 elections, the country’s long -term economic policy remains uncertain.
The report also said that the reduction due to the construction “significantly” in dangers for trade, in the midst of the president of the United States, Donald Trump, to return to the White House and the possible adjustments to the US policy that may enter that possibly introduces .
At the same time, a survey conducted through the Union’s investment fund provider revealed that 53% of respondents expected their own monetary scenario to remain strong in the next 12 months, while 30% even thought it would improve.
RMT/JCG (AFP, DPA)