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German Government Skeptical About Economy, Handelsblatt Says

Aug. 9 (Bloomberg) -- Germany’s Economy Ministry is skeptical about the nation’s economy, saying the outlook faces several risks, Handelsblatt reports.

While the ministry expects moderate growth for the second quarter, it also sees a slowdown, the newspaper said, citing a government report.

Exports, which grew 1.6 percent in the second quarter, probably will grow at a more moderate rate in the future, Handelsblatt said in a preview of an article for tomorrow’s edition.

To contact the reporters on this story: Karin Matussek in Berlin at kmatussek@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@Bloomberg.net.

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