[German Central Bank: Spending Offsets Part of War Impact, Economy Expected to Gradually Achieve Growth] Golden Finance reports that on June 12, due to the impact of the Iran war, Germany's economic recovery will be slower than expected. However, thanks to fiscal stimulus measures, the economy is expected to regain growth momentum in the coming years. The central bank stated that GDP is projected to grow by 0.5% in 2026, 0.8% in 2027, and 1.4% in 2028. Compared to forecasts from last December, growth rates for this year and next year have been revised downward. GDP is expected to remain stable in the second quarter and see slight growth in the third quarter. The bank's president stated: 'The sharp rise in energy prices will weaken household purchasing power and consumer spending. However, during the forecast period through 2028, economic activity will regain momentum.' He added: 'The recovery will benefit from declining energy prices, a strengthening global economy, and, most importantly, robust fiscal policy stimulus.'