Source: www.reuters.com
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BERLIN (Reuters) - The German government will cut its growth forecast for Europe’s biggest economy for 2022 to 2.2% from 3.6% amid the war in Ukraine, a government source told Reuters on Friday.
It expects growth to pick up slightly to 2.5% in 2023, the source said.
The government is due to present its updated economic forecasts on Wednesday.
Reporting by Holger Hansen; Writing by Maria Sheahan; Editing by Zuzanna Szymanska