Trump says Iran war "close to over" amid hopes for more negotiations
Investing.com -- Germany is experiencing economic consequences from the Iran conflict despite not being directly involved in the war, Finance Minister Lars Klingbeil said on Wednesday.
"What we can already see now is that this war is also harming us in Germany in terms of economic growth," Klingbeil said in Washington on the sidelines of the International Monetary Fund spring meetings.
The finance minister declined to comment on the government’s economic forecasts, which are scheduled for release next week, stating they are still in preparation.
The IMF reduced Germany’s growth projections for this year and next on Tuesday. The fund now expects the German economy to grow 0.8% in 2026 and 1.2% in 2027, down 0.3 percentage points from its earlier forecasts for both years.
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