Germany: stable development or further recession?

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AFP

German GDP growth increased in Q3 meeting the forecasts, according to Federal Statistics Office. Country's output increased by 0.5% in Q3 as compared with Q2. Experts stressed that large investments and consumption ensured stable economic development of the country in Q3. Private consumption increased by 0.8%. However, the economists claim that there is a probability of recession in next quarters.

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Thu, 24 Nov 2011 11:07:23 GMT

Europe stocks rise on higher investors' confidence in Germany

European stocks increased after the Germany's Ifo business confidence index increased. The Stoxx Europe 600 index gained 1% to 222.36. The German DAX 30 index increased by 1.5% while French CAC 40 index rose 1.6%. The FTSE index increased by 0.6% to 5,171.88.

Thu, 24 Nov 2011 11:09:21 GMT

Overseas yuan market will grow

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