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German economy escapes recession by the narrowest of margins

From reuters.com

Gross domestic product in Europe’s biggest economy was unchanged for the quarter, the Federal Statistics Office said on Thursday. A Reuters poll had forecast growth of 0.1 percent. German companies are grappling with a cooling global economy and trade disputes triggered by U.S. President Donald Trump. It also faces the risk that Britain will leave the European Union in March without an agreement on the terms of its withdrawal. “Germany got away with a black eye,” DekaBank economist Andreas Scheuerle said of the fourth-quarter numbers. “But the first quarter is not looking like it is going to be easy, either, as ... (full story)

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