Germany warns of possible recession in third quarter
Alarming signals are reviving the political debate between those who support Germany’s dogma of balanced budgets and those seeking more flexibility to revive the economy
19 August 2019 - 17:50
Frankfurt am Main — The German economy could enter a recession in the third quarter, the Bundesbank warned on Monday, as the debate on government measures to support the economy swelled in Berlin.
“The economy could contract again slightly” this summer, Germany’s central bank said in its monthly report, after a 0.1% decline in GDP in the second quarter...
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