Germany's economy seems to recover from the crisis
Karlotta BahnsenAugust 23, 2010
Welcome back to business!!!... This week brings new housing and jobs data from the U.S. Some analysts are already bracing themselves for disappointment. Last week global stocks markets buckeled as investors and analysts grew increasingly worried that weak statistics from the U.S. spell trouble for the global economy. Economists have revised their estimate of GDP growth in the second quarter downwards, mostly due to softer U.S. exports. For Germany, the situation is almost reversed. Europe's largest economy seems to be humming along.