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German economy likely to grow by around 2.25 percent in 2018 - BDI

Reuters  |  BERLIN 

(Reuters) - The German will probably grow by around 2.25 percent in 2018, the of the industry association said on Thursday, adding that he did not see any real risk of overheating.

said, according to the text of a speech he was due to give, that the main risks for Europe's largest emanated from abroad.

These included Britain's looming departure from the and U. S. Donald Trump's tax reform - which slashes the U.

S. corporate tax rate to 21 percent from 35 percent. Kempf said that would "massively" increase tax competition.

(Reporting by Gernot Heller; Writing by Michelle Martin; Editing by Madeline Chambers)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 11 2018. 14:33 IST
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