The traffic light coalition has significantly reduced its growth forecast for this year from 1.3 percent to just 0.2 percent. “We are emerging from the crisis more slowly than hoped,” said Economics Minister Robert Habeck in Berlin.
Meanwhile, Finance Minister Christian Lindner has again campaigned for the controversial Growth Opportunities Act in the Bundestag. Germany's competitiveness has become increasingly worse over the past ten years, says Lindner. The Mediation Committee of the Federal Council and BundESTag will meet on Wednesday evening.