Economic forecast is Germany to grow by 1.5 percent

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The German economy will continue a slow recovery with growth rates at 1.5 percent this year and 1.4 percent in 2011 while the job market remains robust,and inflation low, the country's leading forecasters said on Thursday.

In their biannual projection for Europe's largest economy commissioned by the government the five leading economic think tanks said a strong recovery is not in sight yet.

There still is an upward tendency of the economy after its deep plunge in the financial crisis, the economist, Joachim Scheide said when presenting the expertise at a press conference in Berlin.