Thursday, August 23, 2012

Europe's powerhouse losing momentum



Published on Aug 23, 2012 by
http://www.euronews.com/ Figures released on Thursday underscored the degree to which Germany's resilience to the economic crisis in Europe is waning - and how it can no longer be relied on to pull the eurozone out of its deep slump.

German economic growth slowed to just 0.3 percent between April and June as exports weakened.
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