25-05-2013, 10:48
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#1438
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Inactive
Join Date: Oct 2006
Location: Right here!
Posts: 22,315
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Re: Eurozone will collapse...
Quote:
Germany's economy barely grew in the first quarter of 2013 as exports and investment shrank, figures show.
But higher domestic consumption - thanks to rising wages - helped offset the declines in foreign trade and capital investment, raising hopes it will help drive a sustained recovery.
Gross domestic product rose 0.1% from the previous quarter, but contracted 1.4% compared with a year earlier.
The figure showed the economy narrowly avoided falling into a recession.
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http://www.bbc.co.uk/news/business-22651193
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