Germany Sees Danger of 2026 Growth Rate Halving on Iran Crisis


Internal estimates anticipate expansion of just 0.5% in the worst-case scenario of the Middle East crisis dragging on.

Photographer: Alex Kraus/Bloomberg

German officials see a risk that the nation’s economy will grow at just half the pace they had envisaged if the Iran war drags on, according to people familiar with the matter.

Internal estimates anticipate expansion of just 0.5%, down from the most recent projection of 1%, in a worst-case scenario of the Middle East crisis dragging on, the people said, declining to be identified because the numbers aren’t public.