Global recession fears stocked as European stocks fall
Germany’s economy is going into reverse as the US-China trade dispute takes a global toll
14 August 2019 - 12:06
London — European stocks fell on Wednesday as Germany’s economy went into reverse, reviving fears of global recession and tempering a rally for equities after Washington delayed tariffs on some Chinese imports.
Europe’s biggest economy shrank 0.1% in the second quarter as the trade war and weak demand dragged on German manufacturers The eurozone as a whole reported GDP grew just 0.2% in the same quarter...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.