German economy defies war impacts
The article discusses the performance of the German economy during the second quarter of 2026, which experienced modest growth of 0.2% despite the war and crisis in the Middle East. This growth was driven by a rebound in exports, especially to Asia. The report indicated that the German economy coped better than expected with the fallout from the energy crisis caused by the Iran-U.S. conflict, despite energy price fluctuations and the expansion of the conflict to the Red Sea. Additionally, the central bank pointed to the sustainability of the industrial sector and supported expansionary fiscal policies that rely on significant investments in defense and infrastructure to boost growth.
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