Fears of German recession as moment of truth looms
Presseecho, www.cnbc.com, 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. [...]