Tag Archives: Germany

Pound LIVE: GBP Sterling higher against weakened euro as Germany manufacturing SHRINKS

Sterling climbing against the euro shortly after a business survey showed the German manufacturing sector contracted for the fourth month in a row. The German flash manufacturing PMI was weaker than expected at 44.5 in April, well below the 50.0 mark separating growth from contraction. The fig…

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GERMANY FINANCIAL CRISIS: Merkel facing worst growth in A DECADE – 'Good times are OVER!'

The federal government has lowered its growth forecast for 2019 to 0.5 percent, down from an already lowered estimate of 1.0 percent. Initial gross domestic product (GDP) growth expectations for this year were once as high as 1.8 percent. However, the German government is insisting momentum is…

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PAY UP MERKEL! Greece demands Germany hands over £270bn in World War Two reparations

The Greek parliament’s speaker Nikos Voutsis declared the institution in a “historic moment” will approve a fresh bid to seek war repayments from Berlin. Athens is seeking between £230-270 billion from Germany and will use any means necessary to reclaim the cash. Mr Voutsis is set to inform the…

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Germany CRISIS: Strongest exporting state could face damages worth BILLIONS from Brexit

Bavaria’s economics minister Hubert Aiwanger said his state is keeping a close eye on Brexit updates in anticipation for a disorderly exit, which he claims could erupt a devastating impact on the German economy. The Munich Economic Institute ifo has already predicted how expensive a hard…

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Germany CRISIS: Strongest exporting state could face damages worth BILLIONS from Brexit

Bavaria’s economics minister Hubert Aiwanger said his state is keeping a close eye on Brexit updates in anticipation for a disorderly exit, which he claims could erupt a devastating impact on the German economy. The Munich Economic Institute ifo has already predicted how expensive a hard…

https://is.gd/JSFXcb

Germany CRISIS: Growth to be slashed by HALF as Brexit shatters export figures

The German government is set to halve its 2019 growth forecast, with anticipation for the economy to grow by 0.5 percent, according to sources who spoke to Reuters. This is lower than a recent estimate of 0.8 percent by Germany’s leading economic institutes. Germany has been dented in recent m…

https://is.gd/Koh3FY

Germany CRISIS: Growth to be slashed by HALF as Brexit shatters export figures

The German government is set to halve its 2019 growth forecast, with anticipation for the economy to grow by 0.5 percent, according to sources who spoke to Reuters. This is lower than a recent estimate of 0.8 percent by Germany’s leading economic institutes. Germany has been dented in recent m…

https://is.gd/XK2lbh