BGN Entrepreneur

The German economy grew by 2.2% in the three months to the end of June, showing the fastest quarterly growth in more than 20 years, the official figures. “These quarter on quarter growth ever recorded in the reunified Germany,” the national statistics office, Destatis, said. The main reason for the higher-than-expected growth was strong exports, [...]

The German economy, Europe’s largest, expanded 0.2% in the first quarter of 2010, which cause a zero-growth forecasts.Many analysts predicted German GDP will stagnate this quarter. The state statistical office, Destatis, the growth in the fourth quarter of 2009 upwards revision to 0.2% from its first estimate of no growth. This meant that the decline [...]