–Adds Outlook For 2013 To Story Sent At 07:00 GMT
BERLIN (MNI) – The German Industry Association (BDI) on Tuesday
reaffirmed its forecast for GDP growth of around 1% in Germany this
year.
“Even though the economic development in Germany in the second half
of the year will be somewhat weaker than in the first half-year, the
situation is overall relatively stable,” BDI president Hans-Peter Keitel
said.
First signs of a recovery in the Eurozone are becoming apparent and
the situation on financial markets has calmed somewhat, Keitel reckoned.
The BDI does not expect an economic slump in Germany next year,
Keitel said. “There will be an upward movement also in 2013 but somewhat
slower than in 2012,” he explained.
–Berlin bureau: +49-30-22 62 05 80; email: twidder@mni-news.com
[TOPICS: M$X$$$,M$G$$$,MGX$$$,M$$CR$]
