www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

WORLD> Europe
Germany expects worst economic growth since WWII
(Agencies)
Updated: 2009-01-21 23:34

BERLIN -- The German government forecast Wednesday that the country's economy will shrink by 2.25 percent this year, which would easily be its worst performance since World War II as exports decline sharply amid the global downturn.

German chancellor Angela Merkel, right, talks to German Labor Minister Olaf Scholz, left, at the beginning of a meeting of the cabinet at the chancellery in Berlin, Germany, Wednesday, Jan. 21, 2009. The German government forecast Wednesday that the country's economy will shrink by 2.25 percent this year. [Agencies]

The new forecast for Europe's biggest economy was down drastically from the government's previous prediction, made in mid-October, of 0.2 percent growth.

Related readings:
 Germany's Merkel counts on a boost from state vote
 Germany plans 100b-euro company financing scheme
 Germany's Hypo Real Estate to cut 1,000 jobs
 
China overtakes Germany in terms of GDP

"There is no precedent in postwar history for this economic decline that we unfortunately have to forecast," Economy Minister Michael Glos told reporters.

He predicted that exports, a key driver of German growth over recent years, would slump by 8.9 percent in 2009.

As the world's leading exporter, "we have profited greatly from upswings in the world economy and obviously, when things go the other way, we are an economy that is particularly affected," Glos said.

The worst postwar annual economic performance to date was a 0.9 percent decline in West Germany's gross domestic product in 1975. The worst since German reunification was a 0.8 percent fall in 1993.

The economy went into reverse in last year's second quarter and slipped into recession in the third quarter.

Glos said Germany's central bank, the Bundesbank, believes the economy shrank about 1.75 percent in last year's final quarter compared with the previous three months as the global financial crisis intensified.

Germany's Federal Statistical Office has said that the economy grew by 1.3 percent last year, only about half the previous year's rate, weighed by rapidly weakening exports.

Glos gave no forecast for Germany's economic performance in 2010 and said the government would produce one in April at the earliest. However, he said he expected the world economy to be growing again by then.

In an effort to limit the impact of the global crisis on Germany, Chancellor Angela Merkel's government last week drew up a new euro50 billion (US$65 billion) stimulus package.

The plan includes investments in infrastructure, tax relief, reductions in health care contributions and bonuses for families with children. It adds to an earlier plan worth euro23 billion, which was criticized at home and abroad as too cautious.

Thursday's forecast showed Germany's unemployment rate growing to an average 8.4 percent this year from 7.8 percent in 2008. It forecast that domestic demand will decrease by a modest 0.1 percent.

主站蜘蛛池模板: 91一区二区在线观看精品 | 成人a级 | 九九99re在线视频精品免费 | 国产日本三级欧美三级妇三级四 | 成人国产精品999视频 | 国产精品揄拍一区二区久久 | 亚洲一区 在线播放 | 视频一区在线播放 | 九色愉拍自拍 | 国产日韩精品欧美一区喷 | 香蕉久久久久 | 免费人成网站免费看视频 | 男人的天堂在线免费视频 | 一区视频 | 久草在线视频在线观看 | 国产jk福利视频在线观看 | 久久精品国产亚洲网址 | 1级a的观看视频 | 欧洲一级大片 | 久久久精品视频免费观看 | 2022国产91精品久久久久久 | 亚洲人成免费 | 三级a黄| 国产精品久久久亚洲 | 亚洲人成亚洲精品 | 在线第一页 | 97视频免费在线 | 2021国产精品自在拍在线播放 | 日韩国产欧美成人一区二区影院 | 国产日韩在线观看视频 | 韩国美女高清爽快一级毛片 | 欧美一区二区在线播放 | 久久777国产线看是看精品 | 亚洲国内精品自在线影视 | 国产成人在线播放 | 手机午夜看片 | 久草视 | 男女男精品视频免费观看 | 亚洲另类激情综合偷自拍 | 久久美女精品国产精品亚洲 | 亚洲a级片在线观看 |