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                                                                                         WORLD NEWS Thursday 18 april 2019
            German government halves 2019 growth forecast to 0.5%




                                                                      porters.                     Chancellor  Angela  Merkel  colleagues  in  the  often-
                                                                      The  government’s  eco-      and  Finance  Minister  Olaf  fractious  governing  coali-
                                                                      nomic  outlook  “is  at  the  Scholz.                     tion  of  Merkel’s  conserva-
                                                                      lower  end  of  the  forecast  However, he said the gov-  tive  bloc  and  the  center-
                                                                      spectrum”  in  keeping  with  ernment  should  “consider  left Social Democrats.
                                                                      its  tradition  and,  as  it  now  a moratorium on new mea-  The  Federation  of  Ger-
                                                                      stands, has a good chance  sures  that  lead  to  burdens  man  Industries,  an  influen-
                                                                      of being reflected in reality,  for business” until the econ-  tial  business  lobby  group,
                                                                      Altmaier said.               omy “has again reached a  called for the government
                                                                      He rejected talk of a stimu-  clear path of growth.”      to  provide  incentives  for
                                                                      lus program for the econo-   Altmaier  wouldn’t  specify  investment  in  climate  pro-
                                                                      my, echoing comments this  what  measures  he  meant  tection  and  to  embark  on
                                                                      week by  spokespeople  for  ahead  of  discussions  with  a tax reform.q



            German Economy Minister Peter Altmaier briefs the media about
            German  government’s  economic  growth  forecast  for  2019,
            during a news conference in Berlin, Wednesday, April 17, 2019.
                                                     Associated Press
            By GEIR MOULSON              sions standards.
            Associated Press             Economy  Minister  Peter
            BERLIN (AP) — The German  Altmaier  predicted  growth
            government  on  Wednes-      of  1.5%  in  2020,  a  margin-
            day  slashed  its  2019  eco-  ally worse outlook than the
            nomic  growth  forecast  for  1.6%  forecast  in  January.
            the country for the second  Last  year,  gross  domes-
            time  this  year,  halving  its  tic  product  expanded  by
            outlook to a meager 0.5%.    1.4%.
            The update came less than  Altmaier said growth should
            three months after the gov-  perk  up  in  this  year’s  sec-
            ernment cut its forecast to  ond  half,  pointing  to  solid
            1% from 1.8% in late Janu-   domestic  demand,  boom-
            ary.                         ing  construction  and  ex-
            Weaker  growth  elsewhere  pectations  that  the  global
            as  a  result  of  global  trade  economy  will  pick  up.  He
            tensions  and  uncertain-    also  noted  receding  pros-
            ty  over  Britain’s  exit  from  pects of a chaotic no-deal
            the  European  Union  has  Brexit and the possibility of
            weighed  on  Germany’s  Britain  leaving  the  EU  on
            prospects  —  along  with  softer terms than it originally
            the after-effects of its own  envisioned after the dead-
            weak  performance  at  the  line  for  its  EU  withdrawal
            end of last year, when out-  was put back to Oct. 31.
            put  was  dragged  down  Germany has Europe’s big-
            largely by one-time factors  gest  economy  and  is  one
            related  to  new  car  emis-  of  the  world’s  biggest  ex-

            Lightning hits Acropolis in

            Greece injuring 4, site intact


            By NICHOLAS PAPHITIS
            Associated Press
            ATHENS, Greece (AP) — A lightning bolt struck the Acrop-
            olis in Athens during a rainstorm Wednesday, lightly injur-
            ing two visitors and two guards but causing no damage
            to the country’s most famous ancient site, Greek officials
            said.
            A  culture  ministry  statement  said  the  citadel’s  lightning
            conductor,  which  is  set  apart  from  the  2,500-year-old
            marble buildings, was hit. The impact shattered glass win-
            dows in two nearby guard booths, and the guards inside
            as well as two female visitors were taken to hospital with
            light cuts.
            The hilltop UNESCO World Heritage site is Greece’s most
            popular archaeological site, attracting 3.15 million visitors
            last year.
            The ministry said none of the Acropolis monuments, which
            include the 5th Century B.C. Parthenon and Erechtheion
            temples, were damaged. The two visitors were discharged
            from hospital after receiving first aid while the guards re-
            mained for precautionary reasons.q
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