The German government cut its forecast for economic growth in 2012
According to news reports today that the German government cut its forecast for economic growth in 2012 as a result of the ongoing crisis in the euro area.
And highlighted the magazine (Focus) today that the German government to keep up to date on its forecast of GDP growth during 2012 by 1.0% despite the fact that the main economic institutes lowered expectations.
It is due to announce economic team on German Chancellor Angela Merkel, the new forecast, which is not determined by (Focus), next month.
The studies of major economic institutes have been reduced over the past weeks on the previous forecast growth over the next year to between 0.5% and 0.8%.
According to news reports today that the German government cut its forecast for economic growth in 2012 as a result of the ongoing crisis in the euro area.
And highlighted the magazine (Focus) today that the German government to keep up to date on its forecast of GDP growth during 2012 by 1.0% despite the fact that the main economic institutes lowered expectations.
It is due to announce economic team on German Chancellor Angela Merkel, the new forecast, which is not determined by (Focus), next month.
The studies of major economic institutes have been reduced over the past weeks on the previous forecast growth over the next year to between 0.5% and 0.8%.
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