(ANSA) - ROME, JAN 24 - The German government wards off the risk of recession and now expects the German economy to grow by 0.2% this year while last October it had expected a 0.4% contraction in GDP.
The media wrote it citing some rumors about the new estimates that will be presented tomorrow.
The government - still according to rumors - lowered its growth forecasts for next year to 1.8% from 2.3%.
In recent days, the Federal Statistical Office had stated that the German economy probably stagnated in the last quarter of 2022, contrary to the expectations of a contraction put forward by analysts, indicating that for the full year the German GDP recorded a growth of 1, 9%.
(HANDLE).
