Germany expected to grow 1.9% in 2013 because of Euro crisis

Wednesday, July 11th 2012 - 22:16 UTC

Full article 13 comments

Germany's DIW economic research institute slashed its 2013 forecast for Europe's largest economy by 0.5 percentage points to 1.9% on Wednesday, saying the Euro zone debt crisis would have a bigger impact than it had originally expected. Read full article

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Guzz
Germany growing BECAUSE of Euro crisis? How... convenient...
Jul 11th, 2012 - 10:23 pm - Link - Report abuse 0
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Condorito
The Germans are loving the crisis.
They can get all haughty and bash their southern neighbours for being lazy and imprudent, whilst acting all concerned for the Eurozone. At the same time enjoy record low interest rates and an exchange rate that allows them to export much more competitively than pre-crisis. Not to mention they have started to suck up all the unemployed brain power from Spain and Greece.

Germany will emerge from the crisis much bigger and the Euro zone much more subordinate.
Good on them, they deserve it.
Jul 12th, 2012 - 03:09 am - Link - Report abuse 0
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DanyBerger
“Germany expected to grow 1.9%”
Well modest but still good considering climate change. Ha ha
Jul 12th, 2012 - 09:17 am - Link - Report abuse 0
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briton
getting rich on the backs of others is bad,

but having said that, some say, the pigs,, deserve what they get,
either way, the sooner we get out the better,
and then they can re-brand it,
germanys playground .
Jul 12th, 2012 - 11:46 am - Link - Report abuse 0
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DanyBerger
@briton

“getting rich on the backs of others is bad,”

May be for you mate. What kind of capitalist are you?

Ha ha
Jul 12th, 2012 - 12:39 pm - Link - Report abuse 0
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Condorito
#3 Dany
1.9% is a lot for an economy the size of Germany's. It is equivalent to about 15% of the Argie economy or 30% of the Chilean economy.

4 briton,
They are getting rich on the backs of their own hard work and astuteness.
Jul 12th, 2012 - 02:57 pm - Link - Report abuse 0
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briton
6-5
so you are saying greece and spain and portugul and italy any cypus, are not to blame for there own demise, then
and germany should bail them all out,
read the blogg properly,
Jul 12th, 2012 - 06:07 pm - Link - Report abuse 0
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Condorito
7
I didn't say anything about the PIIGS.
I just said:
”(Germany) are getting rich on the backs of their own hard work and astuteness”.
i.e. not off the backs of others, as you maintain @4.
Jul 12th, 2012 - 09:50 pm - Link - Report abuse 0
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briton
mmmm
i did not mention germany at all in context
exept the last bit, that stated germanys playground,
in which it surley is,
Jul 12th, 2012 - 10:16 pm - Link - Report abuse 0
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St.John
@ 1 Guzz

No, it says “Germany expected to grow 1.9% in 2013 because of Euro crisis”
- meaning ONLY 1.9% instead of the 3.7% in 2010 and 3% in 2011.
Jul 12th, 2012 - 10:59 pm - Link - Report abuse 0
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Guzz
St.John
I too can read english, friend. I was referring to the title...
Jul 13th, 2012 - 08:39 am - Link - Report abuse 0
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briton
cross wires this bloggy
Jul 13th, 2012 - 06:05 pm - Link - Report abuse 0
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DanyBerger
And where is Yankeeboy?
I miss him really, no often can you chat with the most powerful and rich mann on Earth.

Sure he is spending money like crazy and has not time to spend on poor like us.
ha ha
Jul 14th, 2012 - 04:24 am - Link - Report abuse 0
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