Germany: Disappointing growth in mid-2014 but moderate recovery in sight

Outlook for moderate recovery supported by turnaround in most sentiment surveys.

Domestic demand remains the main growth driver but external demand will also contribute. Deflation risk is limited.

Public finances are healthy. Insolvencies are expected to rise in 2015.

Germany: Disappointing growth in mid-2014 but moderate recovery in sight - Report

Germany-country-report-Dec14.pdf

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