BERLIN: The German government fractionally upgraded its growth forecast for the current year, but slashed its outlook for next year, Economy Minister Philipp Roesler announced on Wednesday.
The government is pencilling in growth of 0.8 percent for 2012, marginally more than an earlier forecast for 0.7 percent. But Europe's top economy will grow by only 1.0 percent next year, instead of the 1.6 percent Berlin had previously been hoping for, Roesler said.
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