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27 Jan 2016
German government lowers 2016 GDP forecast
FXStreet (Mumbai) - The latest forecasts released by the German government for 2016 are as under:
2016 GDP forecast lowered to +1.7% vs +1.8% prev
Federal budget will also be balanced in 2016
No need to take in net new debt
State debt ratio will fall below 70% of GDP in 2016
2016 GDP forecast lowered to +1.7% vs +1.8% prev
Federal budget will also be balanced in 2016
No need to take in net new debt
State debt ratio will fall below 70% of GDP in 2016