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Spas and Spa hotels in Karlovy Vary, Czech Republic

28.09.2008 - Germany cuts growth forecast for 2009

German Economics Minister Michael Glos has said that the country will likely have to cut its economic Olmert congratulates Livni on projected party ballot win ...
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growth forecast for 2009 significantly.

The Czech Republic news are represented by www.karlovy-vary-czech-republic.com

In an interview with the Bild Zeitung newspaper, Glos said that fallout from the global financial crisis would be an endurance test for Germany. The German government predicts that the gross domestic product in Europe's largest economy will grow by 1.2 percent next year, down half a percentage point from this year.

(Deutsche Welle)


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