German government draft forecasts 0.6% GDP growth in 2028

The revision pattern matters more than the headline figure: forecasts for the nearer years were raised sharply while 2028 lands at only 0.6%, suggesting the draft itself embeds a fading impulse rather than a durable upswing. For crypto and RWA markets, Germany functions mainly as a demand-side signal for European risk appetite, so the question worth watching is whether this projected deceleration shapes Bundesbank and ECB tone, and whether European allocators treat it as a reason to keep diversifying into non-bank yield.