Euro crisis its German economy in Q4

euronews (in English)
4.6K
11 views
  • About
  • Export
  • Add to
Germany's economy was hit hard by the eurozone crisis in the final quarter of last year.

As traditionally strong exports and investment slowed, GDP shrank by 0.5 percent - more than at any point in nearly three years.

That pushed overall growth for the year down to 0.7 percent, a sharp slowdown from 3.0 percent in 2011.

...
http://www.euronews.net/

0 comments