Sunday, May 17, 2009

Euro zone continues decline...

Vanishing Exports: German, Euro-Zone Economies Report Massive Shrinkage

The global economic crisis depressed GDP in Germany and the entire euro zone during the first quarter of 2009. Berlin's preliminary 3.8 percent drop in GDP is even worse than economists predicted. The global economic crisis depressed GDP in Germany and the entire euro zone during the first quarter of 2009. Berlin's preliminary 3.8 percent drop in GDP is even worse than economists predicted.

Posted via web from jimnichols's posterous

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