German recession deepens

The German economy shrank by 2.1% in last year’s fourth quarter compared with the previous three-month period, government figures showed today.

German recession deepens
Fri, 13 Feb, 2009 - 07:39

The German economy shrank by 2.1% in last year’s fourth quarter compared with the previous three-month period, government figures showed today.

The country’s Federal Statistical Office said today that it was the biggest quarterly decline since German reunification in 1990.

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