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Germany's economy just shrank, meaning Europe's biggest economy is 'teetering on the edge of recession'

5 days ago   |   By Business Insider

Germany's economy shrank 0.1% in the second quarter, driven by a decline in exports due to the US-China trade war.
The slowdown is bad news given Germany is Europe's largest economy and a key player in the eurozone.
The contraction comes after the UK economy shrunk last week for the first time since 2012 due to Brexit fears, underlining how political uncertainty is weighing on Europe.
View Markets Insider's homepage for more stories.
Germany's economy shrank by 0.1% in the three months to June, signaling a recession could be looming.
The decline marks a sharp shift from the 0.4% growth it...
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German economy shrinks amid trade concerns, auto woes

German economy shrinks amid trade concerns, auto woes

5 days ago   |   By ABC News

The German economy shrank by 0.1 percent in the second quarter as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy
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