Arab Today, arab today german industry chiefs not afraid of 2013
Last Updated : GMT 04:25:46
Arab Today, arab today
Arab Today, arab today

German industry chiefs not afraid of 2013

Arab Today, arab today

Arab Today, arab today German industry chiefs not afraid of 2013

Berlin - Deutsche Welle?

The Federation of German Industry has said it expects the economy to grow twice as much in 2013 as forecast by the government. It has emphasized that exports to non-European nations would provide fresh impetus. German industry captains expected their countries\' economy to expand at a faster pace than predicted by the government, the new president of the Federation of Germany Industry (BDI), Ulrich Grillo, said in Berlin on Tuesday. \"We\'re currently expecting growth in 2013 to match that seen in the previous year,\" Grillo commented. The BDI a 0.8 percent expansion would be realistic, following 0.7 percent in 2012. \"At the moment, we don\'t see any signs that growth will slow,\" Grillo said, thus indicating that the government\'s latest forecast of just 0.4 percent this year might be a misjudgment of current realities. Politicians, don\'t get in the way! The BDI singled out exports as the main driver of growth in 2013, expecting shipments abroad to rise by \"at least 3 percent.\" The umbrella organization expressed the hope that increasing demand overseas, most of all in North America and China, would offset continuously sluggish trade in Europe. Grillo warned the government against any \"precipitous political measures\" it might take in the 2013 election year with a view to pleasing voters. He said there must be no moves to jeopardize German competitiveness, voicing his concern about a possible wealth tax and higher costs for energy-intensive industries as Germany continued its shift from nuclear to renewable forms of energy.

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 industry chiefs not afraid of 2013 Arab Today, arab today german industry chiefs not afraid of 2013

 



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 industry chiefs not afraid of 2013 Arab Today, arab today german industry chiefs not afraid of 2013

 



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