• S&P says Germany highly diversified, competitive economy .
  • Says Germany economy recovered relatively well since 2010.
  • Sees Germany sizable trade, current account surpluses.
  • German government deficit close to 1% of GDP in 2012 .
  • Real GDP growth slowing to 1 % in 2012,2013 .
  • Sees ‘only slight increases’ in GDP in subsequent years.
  • Cites “highly diversified and competitive economy” with demonstrated ability to absorb large economic and financial shocks.

Did Moody’s come up with the same outlook on them ??