Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Source: People's Republic of China – State Council News
Berlin, January 6 (Xinhua) — Restoring economic growth will be the government's top priority in 2026, German Chancellor Friedrich Merz said, acknowledging that previously adopted measures are insufficient to strengthen the country's competitiveness.
In a letter sent to members of the ruling coalition at the beginning of the year, F. Merz described the economic outlook as “very critical in some areas,” according to a document cited by the German news agency dpa.
In 2026, Germany will need to focus on decisive political and legislative action to significantly improve the business environment, Merz wrote, emphasizing that only then will the economy be able to return to growth.
The German economy contracted in both 2023 and 2024. Winter forecasts published in December 2025 by several major German economic institutes projected economic growth of just 0.1 percent, pointing to weakening external demand, including a significant decline in exports to the United States.
Analysts note that Germany's economic recovery has long been held back by high energy costs, weak global demand and slow structural reforms, and the US tariff hike in 2025 has further worsened the situation for exporters. –0–
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.
