Geopolitischer Umbruch verschärft Krise – Strukturreformen noch dringlicher

Dany-Knedlik Geraldine, Oliver Holtemöller, Kooths Stefan, Schmidt Torsten and Wollmershäuser Timo

Wirtschaftsdienst, 2025, vol. 105, issue 4, 305-310

Abstract: The German economy is in crisis. Economic policy uncertainty is high in Germany due to the change of government. At the same time, the USA’s protectionist trade policy is weighing on the economy. In addition, the security situation in Europe has deteriorated with the new government in the USA. Against this backdrop, the Bundestag and Bundesrat have fundamentally changed Germany’s financial constitution. Economic activity this year is likely to be determined by the burdens of the new US tariffs and the high level of uncertainty. The economy is also expected to pick up in the coming year due to rising public spending.

JEL-codes: E32 E37 F44 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:wirtsc:v:105:y:2025:i:4:p:305-310:n:1021

DOI: 10.2478/wd-2025-0077

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