Bloomberg News

German Deputy Finance Minister Kampeter Doesn’t Expect Recession

February 01, 2012

Feb. 1 (Bloomberg) -- German Deputy Finance Minister Steffen Kampeter said he doesn’t expect the German economy to slide into a recession.

“I don’t expect any recession, technically, for Germany,” Kampeter said yesterday in New York in an interview with Bloomberg Television. “I only expect a slowdown of growth, especially because of our robust labor market.”

To contact the editor responsible for this story: Rainer Buergin at rbuergin1@bloomberg.net


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