German Economics Minister Michael Glos has said that the country will likely have to cut its economic growth forecast for 2009 significantly.
In an interview with the Bild Zeitung newspaper, Glos said that fallout from the global financial crisis would be an endurance test for Germany. The German government predicts that the gross domestic product in Europe's largest economy will grow by 1.2 percent next year, down half a percentage point from this year.
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