Economists expect minimal economic growth in 2024 due to traffic light policies

Economists expect minimal economic growth in 2024 due to traffic light policies

Germany's leading economists have lowered their forecast for economic growth in 2024 to a minimal level of 0.1 percent. In their assessments, they hold the politics of the traffic light coalition largely responsible for the weakening of the business location. Federal Economics Minister Habeck in particular is explicitly criticized in this context. The experts emphasize that current economic developments are inadequate and urgent measures must be taken to stimulate growth and secure Germany's competitiveness.

The criticism from elite economists is particularly directed at the fact that current economic policy is not sufficient to overcome the challenges of the global economy. They are calling on the government to take more decisive steps and a clearer strategy to combat the negative impact on economic growth. It is emphasized that without a targeted change in economic policy, the forecasts remain bleak and long-term damage could arise for the German economy.

The warnings from the renowned economists highlight the urgency of measures to strengthen the economy and promote innovation in key areas. It is clear that the current coalition government is being viewed critically and business experts are urging them to take more effective measures to stimulate economic growth. The decisions made by politicians in the coming years will be crucial in securing the long-term future of the German economy and strengthening its competitiveness in the international market.