German growth set to slow as euro zone crisis hits home

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German growth set to slow as euro zone crisis hits home

reuters.com - November 9th, 2012 - Michelle Martin

Growth in Germany, Europe's largest economy, is likely to weaken in the fourth quarter of this year and the first of 2013 as firms postpone investments due to the euro zone crisis.

The Economy Ministry said on Friday it expected "a noticeably weaker economic dynamic" over winter.

"Nonetheless at the moment we only expect a temporary period of weakness," it said.

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