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Poor Germans. Perhaps Boris will start a GoFundMe page for them.
Germany tumbles into recession as economy hit harder by Brexit than Britain | World | News | Express.co.uk
The Bundesbank said the German economy contracted again in the third quarter of the year. That followed a decline in output of 0.1 per cent in the second quarter, leaving the single currency bloc’s largest economy in recession. The country’s central bank said in its monthly report: “Germany’s economic output could have shrunk again slightly in the third quarter of 2019...The British economy also contracted in the second quarter, by 0.2 per cent. But it is expected to have returned to growth in the third quarter, so it will not fall into recession.
Cracks are now emerging in the global economy.
This has resulted in the International Monetary Fund warning of a “synchronised slowdown” around the world.
It added countries face deeper problems than Brexit.
Germany tumbles into recession as economy hit harder by Brexit than Britain | World | News | Express.co.uk
The Bundesbank said the German economy contracted again in the third quarter of the year. That followed a decline in output of 0.1 per cent in the second quarter, leaving the single currency bloc’s largest economy in recession. The country’s central bank said in its monthly report: “Germany’s economic output could have shrunk again slightly in the third quarter of 2019...The British economy also contracted in the second quarter, by 0.2 per cent. But it is expected to have returned to growth in the third quarter, so it will not fall into recession.
Cracks are now emerging in the global economy.
This has resulted in the International Monetary Fund warning of a “synchronised slowdown” around the world.
It added countries face deeper problems than Brexit.