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German stimulus measures could backfire: Bundesbank

German economists have called for extra spending to boost growth after they predicted the economy would grow by just 1.3 percent in 2014 and 1.2 percent in 2015Riga (AFP) – The German economy, currently slowing sharply, does not need additional stimulus and any such measures could backfire, the head of the central bank or Bundesbank, warned on Friday.

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