G20 joins IMF and World Bank spring meetings - China GDP growth slows to 6.7 percent - Asparagus calling
DW Business (04/16/2016)
German exports have bounced back in October, while a strong import rise suggests robust domestic demand. Cause for cheer? Not quite, according to most observers of Europe's powerhouse.
Europe's biggest economy shrank 0.2 percent in the third quarter compared to the previous period. Economists are not worried and believe it is just a temporary slip.
A slowdown in the German economy in the third quarter has raised recession fears. Economy Minister Peter Altmaier thinks a package of tax cuts and other measures are needed to shore up future economic growth.
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