French GDP to grow 0.1% in 2013: OECD

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Source: RTT News
France's economic outlook was slashed by the Organization for Economic Cooperation and Development on Tuesday as a result of lack of activity showed by the French government for improving competitiveness and creating new jobs. The economy is now expected to grow by 0.1% in 2013 and 1.3% the following year, while the initial forecast said the GDP would climb 0.3% in 2013.

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Tue, 19 Mar 2013 14:27:07 GMT

German economic confidence improves more than expected in March

Economic sentiment in Germany improved for the fourth month in a row in the month of March and exceeded initial forecast, the Center for European Economic Research/ZEW reported on Tuesday. The report showed the ZEW Indicator of Economic Sentiment climbed from 48.2 points in February to 48.5 recorded in March, while it was expected to rise to 48.1 points.

Thu, 21 Mar 2013 06:54:10 GMT

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