Why energy prices are delaying German turnaround | DW News
Two years of recession, one of near stagnation: 2026 was supposed to be the beginning of Germany’s economic recovery. Instead, higher energy prices are pushing up costs, pushing down consumer sentiment and threatening to stall growth. DW interviews Clemens Fuest of the Ifo Institute on what to expect from the German economy in the coming months.
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30 Comments
Fire up the nuclear power plants again, save yourself Germany!
Cheap Russian energy is the ONLY thing that can, perhaps not save but at lease delay european inevitable decadence!
70% of energy-intensive companies are relocating their operations out of Germany. Private companies are not making any new investments. The government continues to increase tax revenues to reduce its budget deficit. This will slow down consumer spending. As a result, there will be no economic recovery in the coming years. The municipalities do not have the necessary fund to spend. Debt is also growing, which will drive up yields on government bonds causing interest rates for the German government to rise. As long as they have no access to affordable energy there is no solution only endless discussions month after month, year after year.
In the past 3 years German economy suffered because of energy problem , started with Russia oil embargo and its oil pipeline to Germany and Europe has sabotaged by Ukraine and now Middle East war and oil disruption which another price shock and inflation to German economy.
The most indebted country in the world is China, which is the only one capable of repaying the debt. The USA owes nothing and only lies that it owes (it owes to itself, it lies to itself) to keep an illussion and maintain its global influence position because it is incapable of paying anything back and will not have to.
Freedom from Russia more important than economic doom.
Germany invested billions in solar & wind. I thought oil price no longer mattered? 🙂
The dollar oil reservoirs are empty. Go buy oil elsewhere.
Germany
Was a world leader in nuclear energy & power.
Committed to closing all nuclear power stations in a short period of time.
Blew up those plants to ensure that they are never restarted.
No worries, we will secure natural gas from Russia. Natural Gas is needed as both a fuel and a chemical industry feedstock.
Allows her "allies" to blow up the German funded pipelines delivering said natural gas to Germany from Russia.
Companies preferring to close their hundred year old plants in Germany while building new plants in the USA & China.
Incompetence creep means Germany is no longer vaunted for the trains running on time.
Do not be Germany.
The biggest mistake is to turn off the nuclear power plants. This policy has gone way too far
There will be no recovery, for Germany its a one way down with no floor. It may take some years for manufacturing to move, but once they are done so is Germany. Left with 22 millions of retirees plus 8 million welfare recipients and 5 million of government employees with no industrial base to feed them all. Modern united Germany is a 35 years old state and judging by german history its not going to last much longer.
Is it Iran war or Israel backed U.S war?, get your facts straight DW.
Germany should establish a energy company that can supports domestic energy intensive companies like Shell, Eni
thanks to those who closed the nuclear power plants 👏 total energy suicide
2:45 you are wrong here mister or not telling the truth, Russia and China are intact. China has secured energy contract with Russia 6 months ago and now its chips are going through the strait of Hormuz while maintaining its industrial evolution and world dominance. Russia has abundance of energy that it is going to use it as leverage in its war against Ukraine. Soon unfortunately we will see one of two options: being forced to sit with Russia for energy talks which is going to be a humiliation ritual, or controlling energy consumption domestically which will create a political suicide. The second option is just going to delay the second option.
Can you clarify what data backed your “expected recovery” statement? Germany is on its 4th year of recession and nothing has changed internally.
Now they blame the gas prices, but they should be blaming their own government that puts them in that situation
DW starts with blaming 'the war in Iran', which is just pandering to the most infantile part of the German electorate. Grow up, German people, especially your underperformimg women. As an American, I don't care whether Germans like us or not, because we don't depend on you for anything, thank the Lord!
Not only that Europe is destroying the Russian oil capacity also with its proxy Ukraine lol I mean so much of self damage when middle East oil is not available still attacking the only available oil source crazy and deranged people
You can blame whatever external factors you like, but the truth remains that Germany has spent decades obliterating its own economy through deliberate decisions by incompetent feminist governance.
The past 3 years only? Before 2023, Germany was also hit with Covid shutdowns, I guess it was going on way longer than the past 3 years..
Buy Russian gas!! Exit NATO and EU..😅 Make Germany Great again 😅
What do you mean by postponed? There was no recovery in the first place
😂😂😂 old eu is funny 😂😂😂
If only there is a stable, "cheap" (to operate) source of energy….
Oh yeah, its the energy prices, not pivot to war with a nuclear power.
I'm telling you Russia isn't the enemy but us is the real one.
It is USA who has destroying Europe single handedly.
Shall we expecting an another recession ?
Creative destraction?