IMF casts doubt on German economy

The draft of the International Monetary Fund's next World Economic Outlook reduces forecast eurozone growth to 1.6%, against an earlier 2.2% projection. Separately, a report by the Organisation for Economic Co-operation and Development shows that Member States are likely to achieve US living standards only if they liberalise their labour markets.

International Monetary Fund: Country Reports: Germany http://www.imf.org/external/country/DEU/index.htm

OECD: Press Release, 1.3.05: OECD urges action on widening economic performance gaps in developed countries http://www.oecd.org/document/43/0,2340,en_2649_201185_34509483_1_1_1_1,00.html

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