SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: shades who wrote (60141)5/2/2006 3:31:47 PM
From: shades  Read Replies (2) | Respond to of 110194
 
Econ Adviser Warns Against Too Much Optimism

.

BERLIN (Dow Jones)--The chairman of the council of economic advisers to the German government, Bert Ruerup, warned against too much optimism in terms of this year's economic growth projections, reports Financial Times Deutschland in a pre-release of Wednesday's edition.

"To me it's unclear where these optimists who project 2% or more (economic) growth for this year" get their confidence, Ruerup told FTD.

In late April, the German government raised its 2006 growth forecast for Europe's largest economy due to strong exports and recovering domestic demand to 1.6%, up from the 1.4% forecast made in January. But some experts have projected growth of 2% or more in 2006.


Newspaper Web site: ftd.de


-Berlin Bureau, Dow Jones Newswires; 49-30-2888-410


(END) Dow Jones Newswires

May 02, 2006 13:48 ET (17:48 GMT)

Copyright (c) 2006 Dow Jones & Company, Inc.- - 01 48 PM EDT 05-02-06