Germany on Dynamic Growth Path, EU Commission Forecasts

Germany’s economy is set for “dynamic, broad-based” growth, the European Commission forecast today.

Europe’s largest economy will grow by 1.8 percent this year and 2 percent in 2015, outpacing forecast average growth in the 28-nation trade bloc of 1.2 percent and 1.7 percent those years, the commission said in its spring economic forecasts. The German economy grew just 0.4 percent last year.