Germany could slip into recession – study   ...News

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Germany could slip into recession – study  
Investor confidence in the EU’s largest economy is falling, economists warn Investor confidence in Germany has fallen for a third consecutive month as growth prospects worsen, fueling fears of a recession in the EU’s largest economy, Bloomberg reported on Tuesday. The economic sentiment index measured by the ZEW economic research institute dropped to -10.7 in May from 4.1 in April, representing the first sub-zero reading this year. An index of current conditions also deteriorated, the outlet said. The data comes amid a deeper-than-expected production slump across most industries in Germany. New orders for manufact

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