Global Analysis from the European Perspective. Preparing for the world of tomorrow

Germany claims it is finally bringing down large trade surplus

The German government upgraded its economic forecast for 2017 slightly Wednesday, saying that strong domestic consumption would increase growth and bring down its much-criticised trade surplus.
Europe’s largest economy should expand by 1.5 percent this year, Economy Minister Brigitte Zypries told journalists in Berlin, slightly more than the 1.4 percent predicted in January. Source The Local

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