Germany brings up the rear: High inflation, low growth

Berlin When Finance Minister Christian Lindner (FDP) meets his colleagues from all over the world at the annual conference of the International Monetary Fund (IMF) in Washington from Wednesday, he will find himself in a new role. For years, Germany was considered one of the powerhouses of the global economy, but now it’s more of a problem child.

At the beginning of the meeting, the IMF published its new growth forecast for the global economy. Compared to the predictions made at the spring conference, the experts have lowered their forecasts for almost all countries – but especially for Germany, which is now at the bottom of the list of major industrialized countries in terms of economic growth.