Updated
Updated · Newsweek · Jun 30
Germany Exits World Cup 4-3 on Penalties as 0.6% Growth Forecast Underscores Wider Decline
Updated
Updated · Newsweek · Jun 30

Germany Exits World Cup 4-3 on Penalties as 0.6% Growth Forecast Underscores Wider Decline

3 articles · Updated · Newsweek · Jun 30

Summary

  • Germany crashed out of the World Cup after a 4-3 penalty loss to Paraguay following a 1-1 draw, its first-ever shootout defeat in the tournament.
  • The exit extends a sharp football slide: Germany has not won a World Cup knockout match since lifting the trophy in 2014 and also fell in the group stage in 2018 and 2022.
  • Economists and analysts cited a parallel national slowdown, with GDP still around its 2019 level and EU forecasts showing only 0.6% growth in 2026 after years of stagnation.
  • That weakness has been driven by Chinese competition, U.S. tariffs, higher energy costs after Russia's 2022 invasion of Ukraine, and strain in core industries such as autos.
  • The report casts the defeat as part of a broader erosion of German confidence and influence since 2014, alongside rising political fragmentation and stronger support for the AfD.

Insights

Germany benched a star attacker for tactical reasons. Will this gamble unlock their offense or backfire spectacularly against Paraguay?
Despite being heavy favorites, Germany's attack has shown weakness. Can Paraguay's disciplined defense stage a massive World Cup upset?