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German growth forecasts slashed, Merz under pressure
German growth forecasts slashed, Merz under pressure
Economy
by  AFP

Leading German institutes on Thursday downgraded their 2026 growth forecasts, in another bad sign for Chancellor Friedrich Merz whose efforts to reboot Europe's biggest economy face mounting criticism. But critics say his efforts so far have not been radical enough as challenges mount for the economy, from a deepening industrial slump to US tariffs.