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German central bank says recovery on track

Published: December 4, 2009 7:23 AM
By The Associated Press  

Quick ReadGermany's central bank sees growth of 1.6 percent next year, 1.2 percent in 2011

BERLIN (AP) — Germany's economy will grow by 1.6 percent next year and a more modest 1.2 percent in 2011, the country's central bank predicted Friday, declaring that the outlook has "brightened perceptibly" over recent months.

The Bundesbank's report came as lawmakers approved the first part of an effort by Chancellor Angela Merkel's new government to stimulate growth in Europe's biggest economy...

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