Germany needs ‘small miracle’ to avoid recession after exports fall by 5.8%

German exports suffered the biggest monthly fall in more than five and a half years in August, leaving Europe’s largest economy in need of “a small miracle” to avoid recession in the third quarter.

German business confidence falls further, Ifo survey finds

Europe's largest economy has shown further signs of fragility, as a key indicator of German business confidence fell for a fifth successive month.

Bundesbank Says German Growth Slows After Strong Second Quarter

The Bundesbank said the German economy, Europe’s largest, is set to slow after a rebound in the second quarter of the year. “Signs of a slowdown in economic growth are increasing” in line with expectations, the Frankfurt-based central bank said in its monthly report today.