Bloomberg News

Germany Backs 0.7% Growth Forecast, Neue Osnabruecker Reports

July 28, 2012

German Economy Minister Philipp Roesler said the government backs its April growth forecast of 0.7 percent for this year, Neue Osnabruecker Zeitung reported.

While the economy is cooling, there is no need to be concerned, the newspaper cited Roesler as saying in an interview.

To contact the reporter on this story: Karin Matussek in Berlin at kmatussek@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@Bloomberg.net.


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