Monday , March 1 2021

Tag Archives: avoids

Germany avoids recession with surprise return to growth – business live – The Guardian, Theguardian.com

Germany avoids recession with surprise return to growth – business live – The Guardian, Theguardian.com

4.36am EST04:36 Germany’s return to (modest) growth may lift some pressure from Angela Merkel’s government to boost spending. But that could be a mistake. Berlin’s balanced budget policy had been under growing criticism as the economy contracted over the summer, factory output declined and exports fell. Some economists argued forcefully that Merkel’s administration should abandon…

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UK economy avoids recession with third-quarter growth rebound – CNBC, CNBC

An employee works on an engine production line at a Ford factory on January 13, 2015Carl Court | Getty Images News | Getty ImagesThe British economy has avoided slipping into a technical recession, after official data Monday showed the third-quarter gross domestic product (GDP) at 0.3%.The data marks a rebound from the second-quarter gross domestic…

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