The EU has cut growth forecasts for Germany for the second time this year, as trade tensions and a Chinese slowdown weigh on the traditional economic powerhouse of the region.Germany is only expected to grow at a rate of 0.5% this year, according to the latest economic forecasts by the European Commission. It will be the second-worst economy across the EU in terms of growth, with only Italy looking more downbeat. It comes after the institution lowered Germany’s growth expectations from 1.8% to 1.1% in February.The German economy, driven by manufacturing and exports, has been impacted by stalling growth in
Short The Pull Back On The DAX
May 13, 2019
Published by timm



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