Berlin Property for Sale
A web resource for UK and Irish buyers looking to invest in Berlin propertyBerlin Property for Sale
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| Strong 2006 finish for German economy | ||
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13 February
2007 RTE Business |
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Official
figures show that the German economy grew by 0.9% in the fourth
quarter of last year, up from 0.8% in the preceding three months. The unexpectedly strong performance in the last three months of 2006 meant that growth for the whole of last year was revised upwards to 2.7% from a previous estimate of 2.5%, the federal statistics office Destatis said in a statement. 'Growth impulses came from both inside and outside Germany,' Destatis said. It said 'extremely dynamic foreign trade' made the bigger contribution to the economic recovery, but increased consumer spending and rising investment also helped. |
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| Separate
figures showed that investor confidence in Germany continued to
bounce back from recent lows this month as the negative effects
of higher VAT proved to be only temporary. The ZEW economic research institute's economic expectations index, based on a poll of 309 analysts and institutional investors, rose by 6.5 points to plus 2.9 points in February. Analysts had expected a slightly stronger rise, however. |
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