Germany falls into 'recession' as Brussels slashes EU growth forecasts
A shock fall in German industrial output in December has dashed hopes for a quick rebound after the country's "carmageddon" woes in late 2018. It points to more pervasive troubles in Europe’s powerhouse economy.
The Dax in Frankfurt ended 2.6pc lower on Thursday, with Deutsche Bank plunging 6pc and Daimler and the steel group ThyssenKrupp both down 5pc.
Germany almost certainly slid into outright recession at the end of last year as evidence mounts of a deepening economic malaise across much of the eurozone.
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