Financial experts warn of economic deterioration in Germany

Financial experts warn of economic deterioration in Germany

According to a report by www.tagesschau.de, many Germans have financial worries at the end of the year. According to the ARD-DeutschlandTrend, 41 percent of those surveyed expect a worse financial situation in the coming year. There are also concerns about loneliness during the holidays, particularly among low-income people. There is little movement in terms of political orientation, with the FDP back at five percent approval.

Citizens' pessimistic financial expectations could have a negative impact on consumption and the economy. When people are uncertain about their financial future, they may tend to consume less, which in turn can impact retail and other industries. This could lead to subdued economic growth as consumption is a key driver of economic growth.

In addition, with its slight increase to five percent on the Sunday question, the FDP could potentially influence the political course and decisions in Germany, as it could play a decisive role in the formation of coalitions.

Overall, citizens' pessimistic financial prospects and political developments could lead to uncertainty in the market and in the financial sector. Businesses and investors may be reluctant to make investments, which could lead to lower economic activity. It is important to keep an eye on these developments and carefully monitor their impact on the market.