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Europe \\\'not doing so badly\\\'

December 29, 2014 00:00:00


BERLIN, Dec 28: Europe's economy is not doing as badly as some people think, Germany's central bank chief Jens Weidmann said Sunday as he gave an upbeat prediction for Germany, its biggest component.  On Germany's outlook for 2015, he said: "As things are right now, and if oil prices stay this low, inflation will be lower than expected, but growth will also be better." The central bank, or Bundesbank, early this month cut its growth forecasts for Germany to 1.4 per cent for this year and 1.0 per cent for 2015. Weidmann said that "Europe is not doing as badly as some people believe," speaking to the newspaper Frankfurter Allgemeine Sonnta-gszeitung.     — AFP


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