German economic “wise men” forecast German GDP growth of +0.8% in 2012 and 2013

  • See German economic momentum reaching low point in Q4 2012, picking up during 2013
  • Say German govt must do more to consolidate budget, criticise govt’s additional structural spending plans
  • Say ECB’s unconventional monetary policy has stabilised euro zone, must remain emergency solution

Must be cool to be a wise man……..

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