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Higher German infrastructure costs will increase Europe’s economic growth in the coming years – but the head of the international valfriya department will not be superior to the head of the United States from the US tariffs.
Last week, the IMF also cut the growth worldview for the eurozone Us, Uk and Many Asian countries According to the variable tariff policy of President Donald Trump.
The organization increased the growth forecasts of the eurozone for each of the next two years by 0.2 percent, 0.8% and 2026 to 1.2% in 2025.
“This said that CNBC’s Carolin Roth, CNBC’s Carolin Roth, said CNBC’s Carolin Roth, in an interview with CNBC’s Carolin Roth, last week.
“What we see, there is a meaningful discount for European developed economies … and the countries of the Euro region are doubled in this two-year period.”
Adverse effects of tariffs will be a bit offset Last infrastructure of Germany spending feeKammer said that this will increase growth in the euro region for two years.
The use has passed to Germany Long-term debt rules He opened the cost of higher defense and allowed to create 500 billion euros ($ 548 billion) infrastructure and climate fund. The action was Described by economists As a potential “game changer” for the slow economy – the largest in the euro zone.
However, optimism was shaken by widespread US tariffs Moistize global growth and trade flows.
Several politicians in the European Central Bank It has been announced last week to CNBC When the inflation was positive, the potentially lowered inflation in the block – a wider worldview was even more uncertain.
The IMF’s Kammar, ECB has to cut more interest rates this year, despite the risks of growth, with a quarter percentage.
The ECB has so far lowered the rates seven times in the quarter percentage points since June 2024. In April, the most recent movement reduced the deposit object, the main rate and 2.25%.
“We have a very open recommendation for ECB. So far, we have been a great success in the disinfration efforts, and we expect 2% inflation target to 2% inflation target in the second half of 2025” Kammer CNBC.
“Our recommendation, there is a room to cut 25 centuries in the summer, and then the ECB does not have large blows, and there is no need to recalculate the monetary policy.”
On Monday, the index marking prices marked the market expectations for two more quarter cuts this year.