Minimal growth expected for German economy in spring forecast

German Economy Minister Robert Habeck will present the government's spring forecast in Berlin on Wednesday afternoon, with only a glimmer of relief expected after months in the doldrums.

According to indications, growth expectations for this year will be revised slightly upwards to a 0.3% increase in gross domestic product. The document is due for release at 14:15 (1215 GMT).

In February, the government sharply lowered its forecast to growth of just 0.2% compared with 1.3% still expected in the autumn.

Habeck said at the time that the economy was in "rough waters" and that the country was "emerging from the crisis more slowly than we had hoped."

Business associations have long been calling for significant relief for companies. Habeck has also spoken out in favour of a growth package.

A 12-point paper from the pro-business Free Democrat Party (FDP) - one of the three parties in the governing coalition - recently caused a stir with demands for relief for the economy and restrictions on the welfare state.

This was met with strong criticism, particularly from the Social Democrats (SPD) of Chancellor Olaf Scholz.