The economic outlook for 2025 is characterised by uncertainty. Forecasts for the European economy predict below-average growth. The global economy is expected to grow by around 3.3% compared to the previous year.
The economic outlook for business and politics is characterised by uncertainties and factors caused by the turmoil of war in Ukraine and the Middle East as well as President Donald Trump’s zigzag tariff decisions.
Where is the German economy, the most important player in Europe, heading?
Insolvencies, job losses, car crisis and the ongoing coalition negotiations of the new government. What will a new German government and a US President Trump mean for companies and consumers? Important sectors are struggling with weak demand: in the construction industry, many potential clients are pulling back because the dream of owning their own four walls remains unaffordable due to high financing and material costs. The automotive industry, mechanical engineering and the chemical industry are also suffering from weak demand, which is not being offset by foreign business. This is because supply chain problems are also causing problems on the global markets. In addition, expensive energy and a high level of bureaucracy are weighing on Germany as a business location, as is an infrastructure in need of modernisation.
Trump, Putin and the future of Europe.
At Premium Speakers, we offer you top economic and financial experts, economists and personalities who deal with trade data on a daily basis and can make strong statements on the current, future European and global economic situation thanks to their networks and experience.
Dr Daniel Stelter – Economist and the independent voice on the economic and financial situation. Dr Daniel Stelter is a macroeconomist, strategy consultant, author and writes expert articles for the global media. The Neue Zürcher Zeitung ranks him among the 50 most influential economists in Germany.
Prof Dr Monika Schnitzer – Since October 2022, Monika Schnitzer has been Chair of the German Council of Economic Experts, of which she has been a member since April 2020. She is Professor of Comparative Economics at the Ludwig Maximilian University of Munich (LMU).
Christian Lindner – Federal Minister of Finance in Germany from 2021 to November 2023. Politician and former chairman of the FDP.
Prof. Arturo Bris – Arturo Bris is Professor of Finance and Director of the IMD World Competitiveness Centre. He is an award-winning teacher and programme director and is one of the 100 most widely read finance scholars in the world.
Prof. Dr Lars P. Feld – Lars P. Feld is currently considered one of the most influential German economists. He was a member of the German Council of Economic Experts from 2011 to 2021. Lars Feld has held the Chair of Economic Policy and Regulatory Economics at the University of Freiburg since 2010 and is Director of the Walter Eucken Institute.
Prof Peter Bofinger – Senior Professor of Economics, Money and International Economic Relations at the University of Würzburg. From March 2004 to the end of February 2019, Peter Bofinger was a member of the German Council of Economic Experts.
Prof Dr Hans-Werner Sinn – Hans-Werner Sinn was President of the ifo Institute and Director of the Center for Economic Studies (CES) until his retirement in 2016. Sinn has been a member of the Scientific Advisory Council of the Federal Ministry for Economic Affairs and Energy since 1989.
Julius van de Laar – USA expert. Strategy consultant for companies. Julius van de Laar is a campaign and strategy consultant for companies, start-ups and non-profit organisations. In 2007 and 2008 he worked for Barack Obama in the presidential election campaign.
Dr Josef Braml – Dr Josef Braml is a US expert and European Director of the think tank Trilateral Commission – an influential global platform for dialogue between America, Europe and Asia. He has over 20 years of experience in applied research and consulting at leading think tanks worldwide, including the German Council on Foreign Relations (DGAP), the German Institute for International and Security Affairs (SWP), the Aspen Institute, the Brookings Institution, the World Bank and as a legislative advisor in the US House of Representatives.
Sigmar Gabriel – Chairman of the Atlantic Bridge. Federal Environment Minister (2005-2009), Federal Economics Minister (2013-2017) and Federal Foreign Minister (2017-2018). Sigmar Gabriel is one of the best-connected politicians in the world.
Karl-Theodor zu Guttenberg – Founder and CEO of Spitzberg & Partners in New York. Former Federal Minister of Economics and Minister of Defence.
Prof. Dr Beatrice Weder di Mauro – Beatrice Weder di Mauro is President of the Centre for Economic Policy Research (CEPR) and holds the André Hoffmann Chair in Economics, Climate and Natural Finance at the Geneva Graduate Institute. Previously, she was Research Professor at INSEAD Singapore (2015-2022) and Professor of Economics at Gutenberg University Mainz in Germany. From 2004 to 2012, she was a member of the German Council of Economic Experts.
…and many other personalities and politicians such as Marcel Fratzscher, Marie-Agnes Strack-Zimmermann, Wolfgang Ischinger, Dr Gregor Gysi, Veronika Grimm, Sebastian Kurz, Prof Clemens Fuest.
What is the forecast for the global economy in 2025?
The global economy has shown remarkable resilience: Global growth of 2.8 per cent is forecast for 2025 and 2.9 per cent for 2026. This stability has been underpinned by ongoing disinflation, falling commodity prices and monetary easing in many countries. However, this UN economic forecast is fragile. If trade wars break out between China and the USA and Europe and the USA, resulting in exports being hampered by high tariffs, the data will be revised downwards.
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