Industry: No End in Sight for Sick Economy
November 5, 2002Advertisement
Economists at Germany's industry association are predicting another year of economic doldrums for the country. In a report released over the weekend the Federation of German Industries (BDI) said it expects growth of only 0.3 percent this year -- with no end to the malaise in sight. Last month, Germany's leading six economic research institutes forecasted slightly better growth of 0.4 percent in their annual autumn report.