Germany faces temporary economic slowdown: Bundesbank
- Published: 7 Dec 2012 at 15.47
- Online news: World
The German economy, Europe's biggest, will not be able to escape the crisis and may even flirt briefly with recession early next year, but is well placed to rebound strongly, the Bundesbank said Friday.
File picture of containers being loaded on a ship in the port in the northern German city of Hamburg. The German economy, Europe's biggest, will not be able to escape the crisis and may even flirt briefly with recession early next year, but is well placed to rebound strongly, the Bundesbank said Friday.
The German central bank, in its latest updated twice-yearly forecasts, said there were "indications that economic activity may actually fall in the final quarter of 2012 and the first quarter of 2013."
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
