Author (Corporate) | Deutsche Welle |
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Series Title | Article |
Series Details | 15.4.09 |
Publication Date | 15/04/2009 |
Content Type | News |
As the economic gloom spreads in Germany, slumping exports - a pillar of the country's economy - have been dragging down growth, making reliable forecasts next to impossible. Europe's largest economy is poised to shrink nearly 5% in 2009, says the German Institute for Economic Research, (DIW Berlin). The downward spiral is essentially due to a 12.9% slump in exports, the institute says. |
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Source Link | Link to Main Source http://www.dw-world.de/dw/article/0,,4180927,00.html |
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Countries / Regions | Germany |