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Moody's maintains stable outlook on Germany's banking system

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Staff Writer | October 5, 2016
Germany
Germany   Persistent earnings pressure will remain

Moody's maintains stable outlook on Germany's banking system amid resilient operating environment.

Persistent earnings pressure will remain a challenge for German banks, mainly driven by the banks' high cost base.

Expects German real GDP to grow 1.7% in 2016 and 1.5% in 2017, broadly in line with 1.7% in 2015; unemployment will remain low below 5%.


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