german institutes slash growth forecasts urge spending boost
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

German institutes slash growth forecasts, urge spending boost

Egypt Today, egypt today

Egypt Today, egypt today German institutes slash growth forecasts, urge spending boost

Arab Today

Germany's leading economic institutes on Thursday slashed their forecasts for growth this year and next year and said the government needed to increase spending in order to boost growth.
The German economy, Europe's biggest, would grow by just 1.3 percent in 2014 and 1.2 percent in 2015, the institutes predicting, much less than the 1.9 percent and 2.0 percent they had previously expected.

 

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german institutes slash growth forecasts urge spending boost german institutes slash growth forecasts urge spending boost



 
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