Germany Escapes Economic Recession
The German economy stalled in the final quarter of last year, narrowly escaping recession, as the fallout from global trade disputes and Brexit threatened to derail a decade-long expansion in Europe’s economic powerhouse. Gross domestic product in Europe’s biggest economy was unchanged for the quarter, the Federal Statistics Office said on Thursday. A Reuters poll had forecast growth of 0.1 percent. German companies are grappling with a cooling global economy and trade disput