Economy of Germany in 2010 will grow by 1,2%

In Germany, published the traditional autumn forecast of the economy next year, in which experts from the five leading German institutes promise for 2010 GDP growth at 1.2%.

At the same time, the number of unemployed in the country, according to their estimates, would increase from 3.35 million (2009 figure) to 4.1 million people, reports Deutsche Welle.

Thus in the spring of this year, experts predicted that Germany's GDP in 2010 decreased by 0,5%.

At the same time experts of Germany's leading institutions have warned that a major risk factor for the economy may be that, until now, no way excluded turmoil in international financial and banking system. "

The decline in production in 2009, according to preliminary data, will be 5%.

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