Domestic demand to lift German economy

A lasting revival in domestic demand will help Germany’s economy expand by almost 4% in 2010 and contribute significantly to reducing 'global imbalances', the government in Berlin was told in November 2010.

Germany’s Council of Economic Advisers also forecast that the country’s robust economic recovery would extend into 2011, when gross domestic product was expected to increase by 2.2%, after a 3.7% rise in 2010.

Deutsche Welle, 10.11.10: German economic sages point to increased growth http://www.dw-world.de/dw/article/0,,6211134,00.html

Website: Der Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung / German Council of Economic Experts http://www.xn--sachverstndigenrat-wirtschaft-8pc.de/en/service/impressum.php

---