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German Economy Minister sees growth of 1.7 percent - 1.8 percent this year and next
November 3, 2015 / 11:43 AM / 2 years ago

German Economy Minister sees growth of 1.7 percent - 1.8 percent this year and next

German Economy Minister Sigmar Gabriel leaves the Chancellery after coalition talks about migration matters in Berlin, Germany, November 1, 2015.Hannibal Hanschke

BERLIN (Reuters) - German Economy Minister Sigmar Gabriel told a BDI industry association event on Tuesday that he expects growth of 1.7 percent to 1.8 percent in Europe's biggest economy this year and next.

Germany's government cut its 2015 growth forecasts to 1.7 percent from 1.8 percent last month, blaming an economic slowdown in China and other emerging markets.

Reporting by Madeline Chambers and Caroline Copley

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