Photo: flickr user: smitty42
Gross domestic product in Europe’s largest economy rose 0.5 per cent from the fourth quarter, when it fell 0.2 per cent, the Federal Statistics Office said in Wiesbaden today. Economists predicted a 0.1 per cent gain, according to the median of 40 estimates in a Bloomberg News survey. French GDP stagnated.
This is the problem for the rest of Europe. Germany is loving the status quo, as it continues to grow, and see unemployment collapse. Why rock the boat?