Britain raises 2010 growth forecast
Britain on Monday raised its 2010 growth forecast to 1.8 per cent from 1.2 per cent, citing a stronger-than-expected recovery, and slashed its estimate of job losses arising from spending cuts.
The German government sharply raised its 2010 economic growth forecast to 3.4 percent from April's 1.4 percent, as the economy strongly bounced back due to surging exports and falling unemployment, Economics Minister Rainer said here Thursday.