Categories
economics International Affairs

Why Germany’s Economy & Power Crunch Is Important

In a rare bit of good news, the data are better than expected for some countries, most notably Germany. That country’s economy surpassed expectations by managing to grow by 0.5% during the first three months of the year. As a whole, the euro area registered stagnant growth, and without Germany its economy would have declined by 0.2%. Germany accounts for about 28% of euro-area output, yet its contribution to euro-area growth has increased markedly since 2004. It was responsible for 65% of the region’s growth in output on average since 2007. Link

By Eric Patton

Well look down Yonder Gabriel, put your feet on the
land and see

But Gabriel don't you blow your trumpet till you hear
from me

There ain't no grave can hold my body down

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s