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Industry: No End in Sight for Sick Economy

November 5, 2002

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.

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