Germany this year and next year is expected to grow by 1.5% and 1%

Deutsche Bundesbank president and European Central Bank (ECB) member Weber said on May 5, the central bank is still expected to Germany in 2006 Germany's economy will grow by about 1.5 percent during the year the growth rate may accelerate to 2%, but lower annual average number.

He also said: "The German central bank is still expected 2007 economic growth rate of about 1%, may be higher.

Short-term economic risks and in the past, is the basic balance. Medium and long term there may be a slight downward risk because of global economic imbalances caused. But basically, I think the outlook for 2012 remains unchanged. "
German Ministry of Economic Affairs said that the recent rise of the euro against the dollar if it continues, it may end up on Germany's export industry will be affected.

German Ministry of Economic Affairs, in its monthly report that since February the euro against the U.S. dollar exchange rate increased significantly. If prices continue to rise into the final, will be getting more and more negative impact on export activities