- Nineteen prisoners use cutlery to break out of cells at Winchester prison
- France wants progress in Ukraine before Russia returns to G7
- Italy president begins talks to seek way out of government crisis
- Italian PM expected to resign as political chaos deepens
- Russia says US cruise missile test ‘regrettable’
- Kremlin - No date set for Normandy talks on Ukraine despite Macron meeting
- Egypt court hands out 6 death sentences on terror charges
- Putin says Russian nuclear explosion poses no threat
- Russian panel eyes alleged foreign interference in protests
- Gran Canaria wildfire triggers evacuation of thousands of people
- PM Johnson calls on Germany and France to compromise on Brexit
- Sudan's ex-president Bashir arrives at corruption trial
TEHRAN, June 15 -Germany’s central bank on Friday slashed its forecast for how fast the euro zone’s largest economy would grow this year and warned of greater “uncertainties” despite an ongoing boom.
FILE PHOTO: A Hapag Lloyd containership is loa
TEHRAN, Young Journalists Club (YJC) -Germany’s central bank on Friday slashed its forecast for how fast the euro zone’s largest economy would grow this year and warned of greater “uncertainties” despite an ongoing boom.
The Bundesbank expects German GDP growth of 2.0 percent this year, lower than the 2.5 percent it forecast in December. The 2019 estimate was revised up to 1.9 percent from 1.7 percent.
“Uncertainties regarding the prospects for the German economy are considerably greater than they were,” Bundesbank President Jens Weidmann said in a statement.
Source: Reuters
Your Comment