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Old Posted Jan 8, 2006, 10:15 PM
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DTiger DTiger is offline
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Join Date: Jan 2005
Location: Düsseldorf
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Unfortunately some of them are cancelled.

Growth in the German economy, Europe's largest, is set to accelerate next year, lifted by exports and stronger investment, a report has said.

According to the Ifo research institute, gross domestic product (GDP) will expand by 1.7% next year, compared with an earlier forecast of 1.2%.

Growth also is set to improve in 2005, hitting a higher-than-expected 0.9%.

Germany is emerging from a slowdown and the report is the latest to suggest the recovery is becoming more sustainable.

"The economy really is picking up," said Hans-Werner Sinn, president of the Munich-based research group.

"After five years, there are clear signs that the economic lull has been overcome."

http://news.bbc.co.uk/2/hi/business/4542744.stm

The people are quit optimistic right now and the big pessimism seems to be finally over
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