Rolling coverage of the latest economic and financial news, including the latest eurozone growth figures
- Latest: Eurozone growth weakens to 0.1%
- Breaking: German GDP flatlined in October-December
- German economy only grew 0.6% in 2019
- ING: Germany at risk of recession
Andrew Kenningham of Capital Economics has told clients:
“We think the economy will continue to flirt with recession in the first half of this year.”
It’s hard to put too much gloss on a stagnating economy, but the German government has tried to strike an optimistic-ish tone this morning.
Berlin’s economy ministry says Germany’s economy is going through a weak phase, but it’s encouraged that business sentiment has improved.