The Bdi, the German Confederation
of Industry, presented its forecasts today, which are not
optimistic: for 2025, GDP is expected to fall by 0.1%, in
contrast to the eurozone average of 1.1% and the rest of the
world's growth of 3.2%. President Peter Leibinger, who was
elected earlier this year, was harsh when he presented the data
today in Berlin: "The economic situation in Germany is critical:
the atmosphere is terrible, and it is not just gossip or
pessimism." Above all, these critical issues are not solely
caused by the pandemic or the war in Ukraine. For Leibinger,
there are internal problems: "For too long, German governments
have postponed important reforms, limited investments, and
restricted themselves to the status quo."
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