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The German government expects GDP growth of 0.6-0.9% this year, according to German daily Die...

The German government expects GDP growth of 0.6-0.9% this year, according to German daily Die Welt, and growth of 1.6-1.9% next year. The figures indicate some optimism, as the government's most recent forecast was for 0.7% growth this year and 1.6% next.
Comments (3)
  • winningtrader
    , contributor
    Comments (2476) | Send Message
     
    Yes, it reflects some optimism, perhaps too much of it. Of course, Germany has a very good economy but the export sector will suffer from PIIGS being unable to buy BMW's and things like that. Also, who knows what will happen with the EUR.
    24 Apr 2012, 04:17 AM Reply Like
  • schatzl
    , contributor
    Comments (391) | Send Message
     
    Who cares what governments or central banks project? They say what needs to be said to further their interests. Nothing more.
    24 Apr 2012, 04:22 AM Reply Like
  • Richard93
    , contributor
    Comments (817) | Send Message
     
    I like you two I just wish we were not right so much of the time in the last 6 months. Best Wishes
    24 Apr 2012, 05:07 AM Reply Like
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