Arab Today, arab today german government sees growth picking up this year
Last Updated : GMT 05:42:12
Arab Today, arab today
Arab Today, arab today

German government sees growth picking up this year

Arab Today, arab today

Arab Today, arab today German government sees growth picking up this year

Berlin - AFP

The German economy, Europe's biggest, will pick up speed again this year after growth was only sluggish last year, the economy ministry said on Monday. Two days before the 2013 official growth data are scheduled to be released, the ministry estimated that "gross domestic product (GDP) for the whole of 2013 will be only slightly higher than the previous year's figure owing to the weak winter months." In 2012, German GDP amounted to 2.666 trillion euros ($3.6 trillion) and the economy grew by 0.7 percent. Domestic demand was the main driver of the economy, with employment at record levels, the ministry said. "In the new year, the economy will pick up speed. This is suggested by the latest sentiment indicators, which have improved noticeably in the second half of 2013." The federal statistics is scheduled to publish its preliminary GDP estimate for 2013 on Wednesday and Berlin, along with most economic think-tanks, is pencilling in growth of 0.5 percent. The outlook for 2014 is much brighter. The German central bank, or Bundesbank, recently upgraded its forecast to 1.7 percent and the country's leading economic institutes are pencilling in growth of 1.8 percent. "The global economic environment has brightened noticeably during the course of last year. Uncertainty connected with the financial crisis and the euro debt crisis has faded," the ministry said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german government sees growth picking up this year Arab Today, arab today german government sees growth picking up this year

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german government sees growth picking up this year Arab Today, arab today german government sees growth picking up this year

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday