GERMAN ECONOMY RECORDED A DECLINE IN ITS GDP

Highlights:

• German economy is facing a decline in its GDP
• The goods and services have been dropped by 10.1 percent

According to the new official figures, the German economy has shrunk at its fastest rate on the record amid the impact...

GERMANY’S RECESSION INEVITABLE?

Highlights

• Government’s advisory panel predict recession

• GDP will see a new low of 4.5 percent in the year 2020

• Other measures should be taken by government

According to a panel of economists, there is indeed uncertainty about the...

EURO SLUMPED TO A THREE-YEAR LOW

Highlights:

• Euro stood at a 33-month low of $1.0817 on Friday.
• Industrial production has shrunk by 0.3 percent.
• The dollar index against the basket of six countries and stood at 99.131.

On Monday, the euro fell followed. T...