The German think tank Ifo institute forecast on Wednesday that German economy is going to grow by 1.9 percent in 2015 and 1.8 percent in 2016.
Snow, icy rain and fog caused delays of flights and highway closures in many parts of China on Tuesday, the last day of the week-long Lunar New Year Festival, when millions of travellers are on road back to schools or work.
Brazilian analysts have upgraded the country's economic growth forecast for 2014 from 0.24 percent to 0.28 percent for the first time in nearly five months, Brazil's leading news website G1 reported Monday.
The International Monetary Fund (IMF) lowered Portugal's growth forecast on Tuesday, estimating the country will grow 1 percent during 2014, according to local media reports.
Falling commodity prices are slowing New Zealand's economic growth, although the economy is still expanding "at a robust pace," the Treasury said in its Pre- election Economic and Fiscal Update on Tuesday.
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