Disappointing results. Germany’s gross domestic product decreased by 0.1 percent in the second quarter compared to the previous three months, according to preliminary data from Germany’s official statistics agency. Investments in equipment and buildings declined particularly steeply. The unexpected quarterly decline comes after the German economy grew 0.2 percent in the first quarter. Italy and […]
Daily Memo: Germany’s Economic Slump, Italy’s Attempted Reset With China
Europe's biggest economy is experiencing a downturn.
