Bundesbank expects economy to grow by 1.7%
Bundesbank expects economy to grow by 1.7%
Frankfurt - QNA
The Bundesbank downgraded its forecasts for German inflation and growth on Friday, but said the economy’s underlying cyclical trend is fairly robust, driven by buoyant domestic demand.
The German central bank said it now expects the economy to grow by 1.7% this year, down from a previous forecast of 1.8%. For 2017, it expects growth of 1.4%, down from 1.7%. It forecasts growth of 1.6% for 2018.
"Compared with the projection from December 2015, expectations for economic growth in 2016 and 2017 have been slightly lowered, while inflation projections have been brought down significantly," the Bundesbank said.
GMT 04:59 2016 Saturday ,10 December
Bundesbank: Germany facing labor market bottlenecksGMT 00:39 2016 Tuesday ,30 August
German central bank announces first representatives to AfricaGMT 14:47 2016 Monday ,22 August
Work until 69? Bundesbank’s call riles GermansGMT 08:19 2016 Sunday ,05 June
Central banks downbeat on German, French growth
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot waitGMT 10:06 2011 Friday ,02 December
Cold weather expected in Bahrain
GMT 08:44 2017 Thursday ,07 September
Kurdish Peshmerga is ready with plan to liberate Hawija
GMT 13:43 2017 Wednesday ,17 May
One dead, 89 other injured in 251 incidents
GMT 06:56 2015 Thursday ,15 January
Tony Robbins shares 3 steps to create life-changing breakthroughGMT 10:31 2011 Monday ,13 June
China flood deaths rise, more rain expectedGMT 00:07 2012 Tuesday ,17 April
\'Al-Jazeera turned into weapon in hands of Qatari officials\'
GMT 01:24 2017 Sunday ,08 October
Sixteen people killed in Russia after train collidesGMT 12:38 2011 Wednesday ,28 September
Milan Fashion Week: Marni S/S 2012
GMT 23:09 2016 Friday ,30 September
Premier League corruption claims a lie, says agent
GMT 18:17 2017 Tuesday ,02 May
"We were bleeding but we knew we had to get out", says Oman bus crash survivor
GMT 12:26 2017 Monday ,06 November
Shaji's brainchild T10 could open
GMT 10:23 2017 Thursday ,23 November
AQUARIUS (January21st-February19th)
GMT 09:42 2017 Tuesday ,19 December
Doha and its arms purchase policy
GMT 04:49 2017 Thursday ,15 June
Enjoy up to 80% discount
GMT 09:23 2017 Thursday ,09 November
Siemens reports leap in profits in 2016/17 financial year
GMT 01:20 2017 Saturday ,30 September
Relatively hot weather in UAE forecast
GMT 09:16 2017 Monday ,09 October
Rashi Hosni: Latest match was difficult
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor