Mal wieder in Sydney: Christoph von Speßhardt, CEO, IHK Stade
German Economy Shrinks
Deutsche Wirtschaft: Es fliegen keine Funken mehr
The German economy is likely to shrink this quarter as industry is in recession and private consumption is adding little to growth, the Bundesbank said in a monthly economic report on Monday. Europe's biggest economy suffered a brief recession around the turn of the year and produced flat growth in the second quarter, so a contraction in the current period would mean four straight quarters with negative or flat growth.
Share
