Last year's German growth surpasses all expectations

The German economy has increased last year, surpassing all the expectations. According to the Federal Statistical Office; after the 4.7 percent decline of 2009, in 2010 GDP grew by 3.6 percent, compared to the previous year.

According to analysts; basically four factors played a role in it. First, the so-called storage factor. Second, investment relaunched again from the previous decrease. Third factor is the re-gaining of the momentum after the international economic crisis. And last but not least, the fiscal policy played an important role in accelerating the growth and to combat the recession – reports Világgazdaság Online.