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Experts slash Germany growth forecast by half
A Siemens worker in Germany works on a turbine.
Leading economic think tanks have slashed this year’s annual growth forecast for Germany by half, as uncertainty in the eurozone continues.
On Thursday, the Munich-based Ifo together with Berlin-based DIW, Halle-based IW, and Essen-based RWI economic research institutes estimated that Germany’s gross domestic product (GDP) would grow by 0.4...
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