German Recovery to Grow at Slower Pace
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Germany's economic recovery will continue at a slower pace than expected, an economics institute said Tuesday as it lowered its 2005 growth forecast to 1.4 percent from 2.1 percent.
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Business confidence in Germany slipped again in August, but its decline was smaller than feared by analysts, according to a widely-watched index by the Ifo economic research institute published Tuesday.
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The German economy grew by 2.5 percent last year, provisional figures released on Tuesday by the national statistics office Destatis showed.
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German economic growth will slow next year as foreign demand for goods and services cools and consumers hesitate to increase spending, the country&#39;s six leading economic research institutes said.
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Germany's leading economists Tuesday raised their growth forecast for the country to 1.8 percent for this year, but predicted that lower export growth and high oil prices will slow the just-begun recovery next ...
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FRANKFURT  - German exports fell slightly in August, compared with July, in a sign that the strong support from exports for the country's budding recovery is beginning to ease.
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Stronger lending standards are justified, but they'll slow the recovery.
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Germany's economy expands just 0.1% in the third quarter as weak exports offset a growth in domestic demand.
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The closely watched Ifo Institute index of German business sentiment barely rose in October, a result the institute said Monday illustrated that Germany's current recovery lacked the strength of previous ...
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Recovery of the German economy -- the biggest in the 12-country eurozone -- is feeding into jobs and unemployment has fallen below four million for the first time for four years.
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German finance professionals&#39; growth expectations have dropped to their lowest level in 15 months amid fears that slowing global economic growth could hit Germany&#39;s export-driven recovery, according to a survey released Tuesday.
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BERLIN  - A German research institute lowered its economic growth outlook for Germany for 2005 on Tuesday, saying exports are expected to slow and domestic demand will not rise enough to make up the difference.
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JapanÂs economy grew at a slower pace than previously reported in the most recent quarter, a sign that a long expansion may be losing steam.
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BERLIN  - The German economy slowed unexpectedly in the fourth quarter of 2004, contracting by 0.2 per cent as domestic demand shrank and outweighed increased exports, the government statistics office said Tuesday.
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A small contraction in the German economy helped hold growth in the 12-member euro zone to 0.2 percent in the fourth quarter, according to official figures released Tuesday.
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German economic growth slowed sharply in the third quarter as exports weakened and oil prices surged, raising fears that eurozone GDP figures due Friday will be lower than expected.
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The German government is counting on job market reforms to lower unemployment in 2005, while predicting growth of at least 1.5 percent of gross domestic product (GDP), according to a draft report quoted by the Welt am Sonntag newspaper.