×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Thursday
18
Dec 2025
weather symbol
Athens 14°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

DW: Disastrous OECD forecasts for the German economy – The new year is expected with deep concern

What the poll shows - German economy slides into recession, crisis in the car industry intensifies, one in five worried about their jobs

Newsroom December 6 08:15

83% of German respondents think the German economy is bad or worsening, according to a new Deutschlandtrend poll for public broadcaster ARD.

47% of respondents say they are pessimistic about the picture of the German economy in 2025, while 45% see the economy as the main problem the government has to address. 21% of German respondents fear for their jobs. That translates in simple terms: 1 in 5 out of 46 million workers.

Negative OECD forecasts

Meanwhile, new disastrous OECD forecasts for the German economy are also causing concern. The aggregate figures for 2024 and 2025 ring another bell for Germany: Growth is hovering around 0.1% for 2024 and 0.7% for 2025, while it had predicted 1.1%.

This is the fifth consecutive cut in the OECD’s forecasts for the German economy. The reasons, among others, according to the report of the international organization: are the poor financial image of Germany, the international geopolitical situation, and the threat of protectionism.

The global financial crisis, the global economic crisis, the threat of the threat of terrorism, the global economic crisis, the global financial crisis, the global economic crisis, and the threat of the threat of terrorism.
New strikes from Monday at VW

Meanwhile, on Thursday afternoon the powerful IG-Metall union announced a new strike at Volkswagen plants next Monday. According to German media, 100,000 VW workers are expected to strike again ahead of a new round of negotiations with the employer side on December 9.

>Related articles

The German dream is fading: Exports decline, prices rise, and recovery remains elusive

Germany faces a huge budget gap: Pressure for debt brake review and spending cuts

Deutsche Welle: Germany sinks into recession

At the heart of the strikers and the upcoming negotiations are the contracts and wages of some 120,0000 workers at VW plants. Under the planned structural changes, at least three of the German giant’s plants on German soil are at risk of closure, which could lead to tens of thousands of workers being laid off.

So far, the employers’ side appears adamant about making concessions, with the main argument being to save production and increase competitiveness.

 

Ask me anything

Explore related questions

#German economy#global economic crisis#OECD forecasts
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Charitsis: The government is making determined efforts to enrage farmers

December 18, 2025

Archdiocese of New York: The Pope replaces Trump ally Dolan with a fellow New Yorker

December 18, 2025

Archbishop Ieronymos’ Christmas message: “Let us turn our thoughts to the Infant of Bethlehem”

December 18, 2025

Hungary: Child protection scandals and the state of the economy weaken Orbán ahead of elections

December 18, 2025

The investigation into the “filling in” at Tempi concludes with Triantopoulos’ testimony

December 18, 2025

Dimitris Tsiodras on consumer protection: Strict measures for unfair practices and packages from Asian platforms

December 18, 2025

Zelensky: ‘The Donbas issue is unresolved, we have different views with the US’

December 18, 2025

Hellenic Competition Commission: The distortions that keep deposit interest rates low

December 18, 2025
All News

> Culture

Research: The BBC’s “first Black Briton” from the Roman era was ultimately…white and originated from southern England

A new DNA analysis concludes that the woman presented by the BBC as “the first Black Briton” had local genetic origins from southern England, with blonde hair and light-colored eyes

December 18, 2025

Yiannis Smaragdis to Danikas: The assassination of Kapodistrias was a foreign plan, with the British leading it

December 18, 2025

Mendoni: A new starting point for 21st-century museums to meet challenges and expectations

December 17, 2025

7,000-year-old wall found at the bottom of Brittany may explain the myth of the lost city

December 17, 2025

MOMUS Air: A new museum opened at Macedonia Airport – See pictures

December 16, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα