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Germany Avoids Technical Recession, Eurozone GDP Projected To Rise 0.5% In 2020
Thursday, November 14, 2019 - 6:32pm | 686Germany has narrowly avoided a recession, with the latest figures released Thursday showing the country’s economy grew by 0.1% in the third quarter. Economists estimate that growth domestic product in the eurozone will grow by only 0.5% in 2020. In Spain, the latest quarterly GDP...
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Analyst: Germany On Brink Of Recession
Tuesday, August 27, 2019 - 4:47pm | 580The German “export engine” is spluttering and a recession is looking increasingly likely, according to economists. Data released Tuesday showed that the German economy contracted by 0.1% in the second quarter. “The ongoing trade war has considerably...