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Rabu, 27 Januari 2016

German government lowers 2016 GDP forecast to +1.7% vs +1.8% prev

Latest federal govt forecasts just released

– 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


Greg had the Der Spiegel heads-up on the lower GDP





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