Posted on 03/10/2004 6:44:08 AM PST by Pikamax
Edited on 07/19/2004 2:13:27 PM PDT by Jim Robinson. [history]
European Economies: DIW Cuts German Growth Forecast (Update1) March 10 (Bloomberg) -- Germany's DIW economic institute cut its first-quarter growth forecast, saying there are still no clear signs that a recovery is taking hold in Europe's largest economy.
The economy will muster growth of just 0.1 percent, the Berlin-based DIW said in its weekly report, lowering its prediction from a previous 0.4 percent. That would represent a slowdown from 0.2 percent in the final quarter of last year.
(Excerpt) Read more at quote.bloomberg.com ...
The economy will muster growth of just 0.1 percent, the Berlin-based DIW said in its weekly report, lowering its prediction from a previous 0.4 percent.
While much higher than I would like, .1% growth for Saddam’s allies in Germany is good news.
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