VALLENDAR, Germany (MNI) – German growth will moderate going
forward, but will still reach its pre-crisis level this year, European
Central Bank Governing Council member Axel Weber said Friday.
The Federal Statistical Office’s initial estimate for 2010 GDP
growth of 3.6% was in line with what the Bundesbank, which Weber heads,
had predicted for last year, he noted in a lecture at a business
school here.
–Frankfurt bureau, +49-69-720142, tbuell@marketnews.com
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