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Fears of German recession as moment of truth looms

Presseecho,, 11.11.14

[...] The head of Germany's influential Ifo economic research institute said that was a distinct possibility on Monday. Speaking to Reuters, Hans-Werner Sinn said that Germany was teetering on the brink of a recession due to weakness in major emerging trading partners.

"It is going to be really close", Sinn warned, saying that surveys by the Ifo institute pointed more towards a recession. [...]

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