Middle East situation + U.S. tariffs + energy costs, triple debuffs stacking up, the German Economic Council directly cut the 2027 forecast to 0.8%, this script is so familiar it’s frightening.

CoinWorld News, Germany's Economic Experts Committee downgraded its growth forecast for the largest economy in Europe on Wednesday, citing the impact of Middle East conflicts, rising energy prices, and U.S. trade policies. According to the spring report submitted to the government, economists currently expect Germany's economic growth rate this year to be 0.5%, down from the 0.9% forecasted in November last year. The committee predicts an economic growth rate of 0.8% in 2027. The German Ministry of Economics has lowered its economic growth expectations for 2026 and 2027 in April and raised its inflation forecast. The government currently expects a 0.5% economic growth rate for 2026, below the previous forecast of 1.0%, and has revised down the 2027 growth forecast from 1.3% to 0.9%.