Germany Risks Growth Undershoot Without Reforms, IMF Warns

Germany is in danger of underperforming on growth and faces a longer-term struggle to achieve meaningful expansion unless it pursues “bold” reforms, according to the International Monetary Fund.

The Washington-based fund, in its annual Article IV report on the country released on Wednesday, predicted gross domestic product will rise 1% next year — up slightly from its World Economic Outlook in October — and forecast an acceleration to 1.5% in 2027. But it warned that “risks to the outlook are tilted to the downside.”