Domestic demand spurs growth in Germany

Press quote (Financial Times)
13 January 2011

"It is very hard to talk about a rebalancing of the German economy when growth has been driven almost exclusively by a recovery in business investment, stock building and net exports", said Simon Tilford at the Centre for European Reform, a London think-tank. "That is not to say that it is not going to happen, but I think people have got ahead of themselves."