News Headline Summary

German government spokesman says government cautiously optimistic that economy will continue to grow, not all indications point to a recession

Update details:

- Earlier this morning the Bundesbank cut German 2013 GDP forecast to 0.4% from 1.6% and said sees risks to economic outlook to the downside.

Print 11:26, 07 Dec 2012 - Economic commentary - Source: Newswires