The growth of the German economy will accelerate in the II half of 2012, the euro area as a whole is much worse

The growth of the German economy will accelerate in the second half of 2012. This is stated in the published mid-June monthly economic review of the Central Bank (CB) of Germany. In the first quarter of 2012. Germany's GDP has grown in comparison with IV quarter of 2011. only 0.5%, as compared with I quarter of 2011. - 1.2%. According to experts the Bundesbank, the increased demand for goods and services within the country and the growth of exports of German goods in the States outside the euro area should not only compensate for the decrease in revenues from exports to the eurozone, but also to give new impetus to the German economy to develop. In particular, Germany is counting on growth in demand for German products in the region such as Asia. According to recent data, in April 2012. exports to Asian countries grew by more than 10%