Bundesbank president expects stronger German economic growth

Based on growth in the first half of the year, Germany is “well on the way to achieving around 1% this year, which is significantly better than our June forecast”, Bundesbank President Joachim Nagel told French daily Le Monde in an interview published on Wednesday.

The German economy is set to grow more strongly in 2026 than previously forecast, according to the head of the country’s central bank, the Bundesbank.

At the same time, the Bundesbank president warned about the rise of populist parties such as Germany’s far-right Alternative for Germany (AfD), particularly over calls to abandon the euro.