Tuesday, October 14, 2014

German government slashes 2014, 2015 growth views - MarketWatch

German government slashes 2014, 2015 growth views - MarketWatch: "BERLIN--Germany slashed its growth forecasts for this year and next, citing a weak global economy amid a series of international crises, in a step that follows a slew of poor data for Europe's biggest economy.

The economics ministry cut its forecast for economic growth this year to 1.2% from an earlier forecast of 1.8%, and to 1.3% for 2015 from 2% previously."



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