Germany is unlikely to see sizeable economic growth in the rest of 2009, though recovery could begin in 2010, according to Wolfgang Franz, president of the ZEW economic research institute.
Franz told German television “What we’re likely to see in the next few months is a kind of undulating economy with gross domestic product growth of around nil – – at times slightly above, at times slightly below” adding “I hope that at the end of next year, or rather in the course of next year, it will get better.”
