In 2010, the effectiveness of the German economy will grow by an average of one and a half per cent. These forecast data submitted by the Institute of German Economy in Cologne (IW) on Monday, September 21. The fundamental here will export, - said the researchers.

However, a significant obstacle to the growth of the German economy may be growing unemployment, the effect of which will reduce consumer demand. To date in 2009, experts predict an economic slowdown in the rate of 4.5 percent - is the most significant decline since the founding of the FRG.

Prospects for investment also remains in question. After a precipitous fall in 2009 to 22 per cent of experts have expressed cautious hope for positive developments in 2010. The decisive factor in this matter should be the lack of credit vise.

much better in the field of exports: the volume of trade may rise next year by five per cent after falling in 2009 to 15 percent.

pleasant surprise for many banks and economists was that the German economy in spring 2009, has overcome the recession. Many experts, in view of this fact, have adjusted their forecasts in the direction of improvement.

Part-time employment, a shorter working week - all of these measures eased in 2009, a significant increase in unemployment, but in the long term is expected to continue to reduce. In 2010, experts predict growth in the number of unemployed by 700 thousand, the total number of job seekers in Germany could reach 4.2 million people.

Thus, the economic crisis toss German labor market for a few years ago, say experts from the institute. Nevertheless, reducing the overall number of jobs at this time will not be as dramatic as it was in 2003 - 2005, respectively.

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