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Showing posts with label European recovery. Show all posts
Showing posts with label European recovery. Show all posts

Thursday 14 August 2014

German economy shrinks in blow to European recovery hopes


Surprise contraction follows data showing Italy is sliding back into recession


The German national flag flies beside the River Alster in Hamburg. The German economy suffered a surprise contraction in the second quarter, its first in more than a year. Photo: Bloomberg The German national flag flies beside the River Alster in Hamburg. The German economy suffered a surprise contraction in the second quarter, its first in more than a year. Photo: Bloomberg.

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