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German economy shifting into higher gear: Bundesbank

It upgrades GDP growth expectations for 2015, 2016

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PICKING UP SPEED: Germany's economy is being powered by low unemployment, higher wages and the weak euro, says the central bank.

Frankfurt

THE German economy, Europe's biggest, has slipped into higher gear powered by low unemployment, higher wages and the weak euro, the German central bank, or Bundesbank, said on Friday.

After notching up growth of 1.6 per cent last year, Germany would see gross domestic

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