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Germany Economic Outlook, Q3 2009
By Katharina Jungen
- RGE forecasts an economic contraction of 6.3% for 2009 and a further decline of 0.1% for 2010.
- The banking sector is still in a desolate state, jeopardizing economic recovery.
- Germany runs the risk of falling into a W-shaped recovery.
Further deterioration of…
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