German Council Cuts Forecast, Says Merz’s Stimulus Won’t Revive Growth | APT - video Dailymotion

APT

Germany’s economy faces renewed pressure as the German Council of Economic Experts downgraded its growth outlook, warning that Chancellor Friedrich Merz’s fiscal reforms are unlikely to deliver the promised revival. The council’s report, released Wednesday, projects GDP growth of just 0.9% in 2026, down from its previous estimate of 1.0%.  The experts said that while Merz’s government has implemented a spending boost, much of the money has gone toward maintaining public services rather than funding infrastructure or innovation — limiting its potential to lift long-term growth.  #Germany #GermanEconomy #FriedrichMerz #EconomicForecast #GermanyGrowth #Recession #EuropeEconomy #APT #EconomicExperts #MonikaSchnitzer #GermanyExports #FiscalReforms

Transcript

00:00Yes, ladies and gentlemen, welcome to the presentation of the annual report on macroeconomic

00:13development. We have two statements. After two years of recession, this year the economic

00:26development in Germany is finally turning from negative to positive. However, growth will remain

00:33weak again this year compared to other European countries. It will improve significantly next year.

00:47We are making every effort to radically improve the economic situation.

00:51Growth in Germany has been too low for many years. We are not living up to our potential.

00:59The productivity of our economy is also not as good as it could be, or rather should be.

01:03Certainly not 1,000 euros.

01:18Please, there is still space on the left-hand side, but it is only done now,

01:37to use the package efficiently. However, as our analysis shows, there is still some room for

01:43improvement. Last year, we reported that our exports are benefiting less from an economic

01:51upturn in export markets. Our competitive position has deteriorated further due to U.S. tariffs and

02:00the appreciation of the euro. China is increasingly emerging as a competitor and, in turn, is benefiting

02:06from lower export prices. Accordingly, production is declining in almost all manufacturing sectors.

02:25has a very few more than 소�

02:30increased in of the industry. Until the last year, there is a major triumvirates of US1 billion

02:32– 3,000 euros of dollar. We are not getting close to the fuel factor, but it is not

02:37as difficult as to achieve! And therefore, the production is of the US, the US, the US, the US, the US,

02:41the US, the US, the US, and the US. And therefore, there are too many different parts of the US in the US.

02:46And therefore, there is still a bone inter baldness.

02:48It is also managed to develop upturned by the American US.

German Council Cuts Forecast, Says Merz’s Stimulus Won’t Revive Growth | APT

Category

Transcript

Be the first to comment

Recommended