FRANKFURT, Sept. 24 (Xinhua) -- As much as the restrictiveness of the European Central Bank (ECB) added to the hardships of Germany's economy, the future rate cuts of the central bank will play a crucial role in providing an impetus, a report published by a German research institute on Tuesday indicated.
Things are not looking up for the European Union's (EU) largest economy, which has been characterized by stagnation during the past few years and a moderate recovery is only expected sometime next year, said the report by Macroeconomic Policy Institute (IMK).
