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German Economy Bounces Back After Recession Scare

May 15, 2019

GDP growth figures published by Germany today reveal the country has bounced back from the threat of recession. After shrinking by 0.2 percent in Q3 last year, the European economic powerhouse stagnated in Q4 with 0.0 percent growth on the previous quarter. A recession is defined as at least two consecutive quarters of contraction. Despite that close shave, the stalling of Germany's economy in 2018 represented the country's weakest rate of growth in five years.

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