The German economy gained momentum again towards the end of the year. As the Federal Statistical Office (Destatis) already reported in its first release of 13 February 2015, the gross domestic product (GDP) increased by 0.7% (adjusted for price, seasonal and calendar effects) in the fourth quarter of 2014 compared with the third quarter of 2014. Following a dynamic start into the year (+0.8% in the first quarter) and the subsequent period of weakness last summer (–0.1% in the second and +0.1% in the third quarter), the economic situation stabilised towards the end of the year. As reported earlier, this resulted in a ... (full story)