Contracting Germany Set On Recession Course

This morning saw the publication of dire statistics for the German economy, which contracted this quarter with many voices now predicting that the struggling country is likely on course for recession. Now it’s not just the German Chancellor that’s looking shaky…

Unlike the UK’s contraction this quarter, the German one is based on much less sound fundamentals.  Overall year on year, the German economy’s growth rate is just 0.4% compared to the UK’s 1.2%. The Chief Business Editor of respected German broadsheet Welt has said that Germany has become “the sick man of Europe”.

GDP has now fallen in two of the last four quarters in both Germany and Italy. The last thing European countries want right now is a disorderly No Deal exit for Britain from the EU…

Euro News

Tip offs: 0709 284 0531

Quote of the Day

David Gauke rejects Corbyn as a ‘national unity PM’

If anyone thinks the answer is Jeremy Corbyn, I think they’re probably asking the wrong question.


Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
National Unity PM: Runners and Riders National Unity PM: Runners and Riders
Hammond & Barwell Spotted Plotting Hammond & Barwell Spotted Plotting
Lefties Declare War on “War” Lefties Declare War on “War”