A sharp drop in German exports has caused Germany's gross domestic product tosink slightly in the second quarter. ING Chief Economist Carsten Brzeski tells DW what he makes of it.
Fresh figures suggest that Europe's biggest economy may be heading for a recession, as its growth slowed in the second quarter. Calls for more fiscal stimulus are growing louder, but the government sees no need for it.
Despite a poor end to 2018, the first quarter has seen a rise in GDP. The growth comes thanks to strong consumer spending and a boom in the construction industry, according to figures from the Federal Statistics Office.
Growing concerns of a protracted trade conflict are forcing investors to take refuge in the safe haven asset despite negative returns. Is the global economy staring at a recession?
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.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version