German Chancellor Angela Merkel attends an event at the eve of the international 'Girl's Day' at the chancellery in Berlin, Wednesday, April 25, 2018. (AP Photo/Markus Schreiber)
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The German economy ministry on Wednesday published an optimistic set of forecasts for 2018-19, saying strong growth into next year will help create a million new jobs."The German business cycle remains spirited and the upturn is continuing" against the background of "brisk global growth," Economy Minister Peter Altmaier said.Government economists slightly downgraded their growth expectations for 2018 to 2.3 percent from 2.4 percent. By 2019, the economy ministry expects the surplus to fall to around 7.5 percent of gross domestic product (GDP) from around 9.0 percent last year.
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