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The Bundesbank’s forecast for Germany: Economic recovery slowly getting started US tariffs initially weigh on economic growth; fiscal policy provides impetus from 2026
The recovery of the German economy is being delayed by uncertainty surrounding international trade policy. Only gradually will economic activity be boosted by fiscal measures. The German economy will continue to tread water in the current year.
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Main refinancing operation – Allotment Tender-ID: 20260059 | Reverse transaction
Value Date: 08.07.2026 | Duration: 7 day(s) | Maturity date: 15.07.2026
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Time series in the Statistics Portal
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Public finances
Data on the development of public finances in Germany can be found here. The key figures relevant to the European budgetary surveillance procedure, the “Maastricht deficit” and the “Maastricht debt level”, are also available for the euro area and the euro area countries.
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Time series in the New Statistics Portal