German gov't expects about 1.5% growth this year and next: source
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[BERLIN] The German government expects the economy to grow by around 1.5 per cent this year, compared with its previous prediction for 1.3 per cent, a government source told Reuters on Monday.
The source said Berlin expected Europe's largest economy to expand by around 1.5 per cent in 2016 as well - on a par with its performance in 2014.
Economists say lower oil prices and a weak euro should help Germany, a major exporter, this year.
REUTERS
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