News Headline Summary

German 'wise men' forecast German GDP growth of 0.8% in 2012 and 2013

German 'wise men' say

- German economic momentum reaching low point in Q4 2012, pickup during 2013
- ECB's unconventional monetary policy has stabilised Eurozone and must remain emergency solution

Update details:

- Last week, German economics minister Rosler said that Germany's GDP is likely to grow by 0.8% in 2012, weighed down by the continuing debt crisis in the Eurozone.

Print 10:00, 07 Nov 2012 - Economic commentary - Source: Newswires