German GDP growth in 2012 better than govt forecast
BERLIN, July 4
BERLIN, July 4 (Reuters) - German economic growth next year will be "clearly better" than currently expected by the time the government issues new official forecasts in October, helping to create leeway for tax cuts, the economy minister said on Monday.
Economy Minister Philipp Roesler, head of the junior ruling coalition partner, the Free Democrats (FDP), who came to power in 2009 promising tax cuts -- said Chancellor Angela Merkel's centre-right government should present a draft law prior to parliament passing the budget for 2012 expected in November.
(Reporting by Christiaan Hetzner)
- Alabama man gets $1,000 in police settlement, his lawyers get $459,000
- Doctor with Ebola in Manhattan hospital after return from Guinea |
- Exclusive: Charred tanks in Ukraine point to Russian involvement
- Ground offensive against Islamic State months away in Iraq: U.S.
- U.S. stock futures tumble on reports of NY Ebola case