Frankfurt, Germany, Jan 28, 2026 (AFP) - Germany cuts growth forecast as recovery slower than hoped

NAMPA / AFP

2026-01-28

The German government on Wednesday lowered its 2026 growth forecast to one percent, conceding that efforts to kickstart Europe's beleaguered top economy with vast public spending were moving slower than hoped. Announcing the downgrade from its previous estimate of a 1.3 percent expansion made in October, the economy ministry insisted it was pushing ahead with structural reforms to help support long-term growth. Conservative Chancellor Friedrich M......

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