ÜDS-Sosyal 2004-2 Soru=52

It is pointed out in the passage that the higher taxes recentlyimposed in Germany----.

The German economy isn't getting any healthier.
Growth remains stagnant and businesses remain
pessimistic about the future. Real gross domestic
product in the third quarter grew by 0.3%, after a
0.2% rise in the previous quarter. Household
spending was the main engine of growth in the
period. Exports also helped, rising 2.7%. The
weakness came largely in business investment, and
construction spending also fell again. Government
loans slowed. Companies' views of current
conditions have stabilized. However, future
expectations worsened, with the index dropping to
95.8. That doesn't promise well for a rebound in
business spending. And recent rises in taxation and
spending cuts by the government could weigh on
consumers.