Cooling towers of the Jaenschwalde lignite-fired power plant in Germany. Photo: Reuters
Wide implications for euro zone as US-China trade war, Brexit leave Germany on edge of recession
- Germany saw a 0.1 per cent drop in the April-to-June period, and it appears the slump is continuing, according to the country’s central bank
- Heavily dependent on exports, the central bank says the US-China trade conflict and Britain’s plan to leave the European Union have taken a toll
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Germany
Cooling towers of the Jaenschwalde lignite-fired power plant in Germany. Photo: Reuters