The German government cuts its 2012 GDP growth forecast to 0.7% from 1%, with Economics Minister...

|By:, SA News Editor

The German government cuts its 2012 GDP growth forecast to 0.7% from 1%, with Economics Minister Phillip Roesler foreseeing a "growth dent" in H1 to be followed by a more robust H2. The economy grew 3% in 2011.