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Economy

Economic growth fails to match hopes

The German economy grew by 0.3 percent in the first quarter of 2015, slightly slower than expected, data published by the federal statistics office Destatis showed on Wednesday.

Economy

Government optimistic on economic growth

The German government upgraded its growth forecasts on Wednesday for both this year and next year to 1.8 percent, saying Europe's biggest economy is "in an upturn."

Economy

2015 growth forecast hiked to 2.1 percent

Germany's leading economic institutes sharply raised their growth forecast Thursday, predicting Europe's top economy will expand 2.1 percent this year thanks to cheap oil, the low euro and strong consumer spending.

Economy

OECD: Eurozone shows signs of recovery

Growth momentum is strengthening in Germany and the eurozone as a whole, OECD data released on Thursday showed.

Economy

Business confidence hits 8-month high

German business confidence rose to its highest level in eight months in March, as optimism continues to grow about the outlook for Europe's biggest economy, the Ifo economic institute said on Wednesday.