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German government raises growth forecasts for 2026 and 2027, source says

The German government ‌has raised its economic forecasts, a person familiar with the draft told Reuters on Thursday, as the Iran war is not hurting the economy as much as feared. The government has raised the forecast for economic growth ​to 1.3% in 2026 and 1.1% in 2027. It expected 0.5% growth for 2026 ​and 0.9% in 2027 in its April forecasts. [....]