Recovery across all regions has stabilised the global economic outlook for the next five years, with both developing and developed economies contributing to the global GDP growth rate. Amidst this, Germany remains a key contributor to both the global and Eurozone economic performance with its economy expecting to benefit from this global recovery – being an open, export-oriented market. However, the possibility of increasing trade barriers and the digital transformation are potentially key challenges to Germany’s mid to long-term growth prospects and must be managed.
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