Bundesbank lowers 2013 GDP forecast to +0.3% from +0.4%

The outlook for the German economy has become brighter again following the slowdown towards the end of 2012. Despite the continued existence of negative factors caused by the tensions in the euro area, the adjustment in the level of investment in machinery and equipment and exports is so far adv…

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Bundesbank lowers 2013 GDP forecast to +0.3% from +0.4%