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Germany EconMin: German GDP Cld Grow By As Much As 2% In 2010

By   || July 25, 2010 at 22:35 GMT
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BERLIN (MNI) – German GDP could grow this year by as much as 2%,
markedly above the +1.4% previously forecast by the government, German
Economics Minister Rainer Bruederle said in an interview published
Sunday.

“I believe that we could even reach a two before the decimal point,”
Bruederle told German weekly Focus.

The upswing will also impact positively on the labor market.

“The number of short-time workers could sink to below 100,000 by
the end of the year from above 600,000,” the minister said.

–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com

[TOPICS: MT$$$$,MGX$$$,M$X$$$,M$G$$$]

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