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Thu Jan 17, 2013, 02:52 AM

 

Germany Barely Dodges Recession, or Does It?

New data from the German Federal Statistics office show that the nation’s economy barely grew at all in 2012. Gross domestic product improved 0.7%. By most measures, GDP shrank in the fourth quarter, although numbers on the period will not be released until next month. Germany was unable to hold off the effects of the European recession, despite the title of the government’s release of the information: “German Economy Withstands the European Economic Crisis in 2012.”

Read more: Germany Barely Dodges Recession, or Does It? - 24/7 Wall St. http://247wallst.com/2013/01/15/germany-barely-dodges-recession-or-does-it/#ixzz2IDWguEkg

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