Home > News > World
Sunday January 26, 2014 MYT 9:15:02 PM
Sunday January 26, 2014 MYT 9:15:48 PM
BERLIN (Reuters) - The German government is considering raising its growth forecast for 2014 to 1.8 percent from an earlier target of 1.7 percent published late last year, according to a report in Der Spiegel magazine on Sunday.
Economy Ministry officials want to raise the 2014 target to 1.8 percent for Europe's largest economy.
The Economy Ministry is working on the government's official forecast together with the Chancellery and the Finance Ministry before the official target is published.
The magazine said the Economy Ministry believes the economy will continue to gain pace in 2015 with gross domestic product up by 2 percent.
It also expects the number of people employed in Germany to climb above the 42 million level for 2014 and 2015.
The Bundesbank has forecast 1.7 percent growth for 2014 and 2 percent for 2015 after the German economy grow by 0.4 percent in 2013.
(Reporting by Erik Kirschbaum; Editing by Sophie Hares)
Yemeni port says first ship in weeks arrives, Saudi denies hampering aid by sea
In Egypt, elections look set to cement return to the past
Flight MH17 shot down over Ukraine by Russian-built Buk missile, Dutch report says
White House calls Dutch report on MH17 crash 'milestone'
Four killed in Bosnian mine collapse
Italy court probes PM Renzi's expense claims when Florence mayor
Snapchat pulls the plug on Snap Channel
Revving it up in Rawang
French soccer star, others arrested over Valbuena blackmail case
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)