Germany set for 0% growth

German Finance Minister Hans Eichel has stated that the German economy is set for zero growth this year.

This has been revised own from .75% growth that his Department had forecast earlier this year.

Yesterday, six of Germany's economic think-tanks predicted that the economy would not grow in 2003.

According to Eichel :"The six main economic institutions are working on 0%. I think that is also the government's forecast."