Konjunktur: „Ich sehe eine große Gefahr“: Institute sorgen sich um Staatsschulden in Deutschland
Deutschland erlebt einen wirtschaftlichen Aufschwung. Doch die führenden Institute sind alles andere als euphorisch – weil neue Berechnungen zu den Staatsschulden erhebliche Risiken zeigen.
Leading economists are warning of potential dangers, despite a new growth forecast for Germany. The five leading research institutes in Germany, the Ifo Munich, DIW Berlin, IWH Halle, Kiel-Institute, and RWI Essen, presented their joint diagnosis on Thursday. They reported that Germany is finally experiencing an economic upturn.
Growth in Gross Domestic Product (GDP) is projected to be 1.3 percent this year, more than double initial expectations, and 1.1 percent next year. The business climate index also improved on Thursday. Even the Iran crisis and rising oil and gas prices did not significantly impact the German economy. However, inflation is expected to rise to 3.2 percent next year due to high energy costs affecting households.
Even afterward, it is expected to settle at a more relaxed two percent. However, the economists did not seem euphoric about the prospects, as the title of the forecast, "Recovery with structural problems - fiscal policy on shaky ground," suggests. While the German economy is growing, this short-term success could be bittersweet, and long-term concerns about the national debt may present an even more significant challenge, as a closer examination of the forecast reveals.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
