Germany likely closer to 2 pct 2010 growth- FinMin

June 20 (Reuters) – Germany may come closer to reaching 2 percent economic growth this year than previously expected, Finance Minister Wolfgang Schaeuble said on Sunday.

In late January, the government forecast gross domestic product in Europe’s largest economy would expand by 1.4 percent in 2010, though some economists have said a figure as high as 3 percent is possible.

“Perhaps we will come closer to the 2 percent figure than we even dared hope just a couple of weeks ago,” Schaeuble said during a speech at an award ceremony in the northern German city of Kiel.

Earlier this month, policymakers including Schaeuble had said the German economy should grow faster than expected, with the recovery gathering pace markedly during the current quarter. [ID:nLDE65A0LK] (Reporting by Jan Schwartz, Writing by Sarah Marsh; Editing by Jon Loades-Carter)

German deficit cuts may be easier than expected-FinMin

June 2 (Reuters) – Germany’s net new borrowing this year will likely be less dramatic than expected, and reducing Berlin’s structural deficit by 2016 may be easier than thought, German Finance Minister Wolfgang Schaeuble said on Wednesday.

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The financial sector is not yet in the clear from effects of the financial crisis, however, and will require further government attention, he added. (Reporting by Sarah Marsh and Dave Graham)

Germany to seek clarity on fin. regulation at G20

June 2 (Reuters) – German Finance Minister Wolfgang Schaeuble on Wednesday said he would push for clarity on financial regulation proposals at the upcoming G20 summit in Canada.

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Schaeuble added he hoped a ban on naked short selling approved by Germany’s cabinet on Wednesday would make it through parliament by the time the lower house begins its summer break in mid-July. (Reporting by Sarah Marsh and Dave Graham)

German institutes see GDP +1.5 pct in 2010-sources

BERLIN, April 14 (Reuters) – Germany’s leading economic research institutes are forecasting the economy will grow by 1.5 percent in 2010, sources familiar with their upcoming spring report told Reuters on Wednesday.

In their last twice-yearly forecast in October, the think tanks had expected the economy to grow by 1.2 percent this year. They are due to present their new estimates on Thursday.

The institutes see the economy growing by 1.4 percent in 2011, the sources said. (Reporting by Klaus Lauer, writing by Brian Rohan and Sarah Marsh)