World's No.1 Visa Specialist
Australia Partner Company
Australia Partner Company
08 Jan 2013
Germany's vice chancellor says the country's economy, Europe's biggest, grew by 0.75 percent last year and recent data send upbeat signals for growth in 2013.
The figure for last year compares with much stronger growth in 2010 and 2011 of 4.2 percent and 3 percent respectively. But Vice Chancellor Philipp Roesler describes it as "robust," while several other countries in the 17-nation eurozone experienced recessions.
In mid-October, the government forecast growth of 0.8 percent in 2012 and 1 percent this year.
Roesler said Monday that the final quarter of last year was "somewhat weaker than we expected," without elaborating. He noted, however, that recent industrial orders figures and other indicators suggest the weak phase was temporary.
Source: http://www.miamiherald.com/2013/01/07/3171104/germany-economy-grew-by-075-percent.html#storylink=cpy
Posted On 13 Jun 2020
Posted On 12 Jun 2020
Hi! How can we help you?
Click below button to start chat