Germany, Italy post drop in GDP as EU stumbles
Article Abstract:
Economic recovery in the European Union was surprised with slight unexpected decreases in gross domestic product for Germany, Italy and the Netherlands. Germany's gross domestic product shrank 0.2 percent, Itlay's shrank 0.3 percent and the Netherlands also shrank by 0.1 percent according to initial estimates. France and Spain both saw increases of 0.8 percent, giving the European Union an overall growth rate of two percent.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Germany asks citizens to increase spending
Article Abstract:
Chancellor Angela Merkel of Germany is encouraging Germans to go shopping to aid the economic recovery. Traditionally, saving money is the norm for German workers with concerns of job loss and that the pension system might fail.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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