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German 2014 economic growth could be lower than forecast

Monday, 29 September 2014



BERLIN, Sept 28 (AFP): Germany's economy could grow less in 2014 than the 1.8 per cent predicted by the government, but it still remains in good shape compared to its EU partners, the economy minister said Sunday.
Sigmar Gabriel, economy minister of Europe's top economy, told Deutschlandfunk radio that the Ukraine crisis had hit the investment climate and not just for those companies with direct trade ties with Russia.
"It can be that in the end the growth figures are still a bit below our forecast of 1.8 per cent," Gabriel said according to a published version of the interview.