German economy to expand despite global concerns
Berlin
THE German economy got off to a good start in 2016 and remains on a solid growth path despite headwinds from slowing emerging markets that affect the key export sector, the Economy Ministry said in its monthly report on Friday.
"The growth perspectives of the world economy have further deteriorated in the past month," the ministry noted. "Against this backdrop German exports remained slightly depressed at the start of the year."
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