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end with optimism! Researchers lower forecast for Germany

Only the recession, cautious optimism - and now again gloom: The Economic Research of RWI have revised their forecast for 2010 downwards. Instead of 1.6 percent, they expect only 1.4 percent growth. Even 2011, the experts still see no upturn.

Food - The recession is over, but a real recovery in sight: According to Rhine-Westphalia Institute for Economic Research (RWI) is hindümpeln the economy this year, only slightly ahead. In fact, they could develop even worse than initially expected: The Institute has lowered its forecast for Germany on Wednesday.

expect Specifically, the researchers in Essen in 2010 now with a growth of 1.4 percent. Late last year, they were still forecasting 1.6 percent.

particularly sobering, however, the outlook for 2011. Because even for the coming year, the researchers expect only a "slow recovery", the hope for a strong recovery finally seems gone. In numbers this means: For 2011, the RWI expects a growth of gross domestic product by just 1.6 percent.

"The strength in exports is likely to carry little "Should

Nevertheless, domestic demand during the coming year gain in strength." Come have a stabilizing effect is likely that the situation has on the labor market, despite the deep economic slump worsened only slightly and the unemployment rate is not expected to rise even up to 2011 strong, " RWI economic Chef Roland Döhrn said

are a real boom, however, equally contrary to several factors. Since the investment activity remained subdued international, Germany could initially expect no tail wind from abroad, said Döhrn "The export strength of the German economy is likely why. hardly come into play. "

were also the order backlogs of industry in the long-term comparison unusually low. A rapid recovery was not to be expected. Many companies still lived from hand to mouth "and setbacks could survive only with difficulty.

complicates the situation even beyond cold through the winter. The first quarter of 2010 will therefore be very weak, as expected, the RWI. "We expect growth close to zero," said Döhrn.