Slovak Finance Ministry Cuts 2012 GDP Growth Forecast to 1.1%

Slovakia’s Finance Ministry cut its 2012 economic growth forecast to 1.1 percent from 1.7 percent as Europe’s debt crisis damps demand.

The Bratislava, Slovakia-based ministry said today in a preliminary update of its economic outlook from November that it was keeping its 2013 gross domestic product forecast at 2.7 percent.

To contact the reporter on this story: Radoslav Tomek in Bratislava at rtomek@bloomberg.net

To contact the editor responsible for this story: Alan Crosby at acrosby1@bloomberg.net

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