German, Austrian growth forecasts cut official

euronews-en By
535
By euronews-en
Germany's central bank has cut its growth outlook for the country in the face of the eurozone debt crisis.

The Bundesbank also warned of risks of a recession.

The bank's experts spoke of "widespread uncertainty" and German companies cutting back investment and hiring fewer new staff.

...
http://www.euronews.net/
12/07/2012