Germany’s shrinking economy shows how Europe’s industrial core has become a drag on the region
Germany’s economy shrank slightly in the second quarter, rekindling fears of a recession and underscoring how Europe’s industrial core is suffering from the uncertainty caused by the U.S.-China trade dispute.
Economists and the government have cited the tensions between Beijing and Washington and the possibility of Britain leaving the European Union without a negotiated settlement as the main reasons for the cooling of Germany’s export-driven economy.
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