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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: marcher who wrote (75062)	6/10/2011 5:31:14 AM
From: Haim R. Branisteanu	Respond to of 217732

Bundesbank Lifts German Growth Forecasts For 2011, 2012 10-Jun-2011 (what a contrast to the US where scum,thieves and swindlers rule) FRANKFURT -The Bundesbank Friday raised its economic growth forecasts for Germany, but cautioned that weak public finances in a number of industrialized countries pose downside risks to the rosy outlook. "The recovery of the German economy has evolved into a broad-based upturn" and the prospects for "a lengthy period of expansion" are rising, the central bank said in a press release. It forecast that gross domestic product will rise 3.1% in 2011 and 1.8% in 2012, in price-adjusted terms. That marks significant upward revisions from projections published in December 2010, when the Bundesbank said GDP will expand 2.0% this year and gain 1.5% in 2012. "Enterprises are hiring new staff and buying new equipment in preparation for a further expansion of their activities," the central bank said, noting that German unemployment will be "well below 3 million" people in 2012. Bundesbank website: bundesbank.de