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Montevideo, November 22nd 2024 - 05:51 UTC

Tag: German

  • Thursday, January 31st 2019 - 09:22 UTC

    German economy threatened by a chaotic Brexit, warns Berlin's economy minister

    Minister Peter Altmaier said that while the German economy would grow for a 10th year, “headwinds, primarily from the external environment, are increasing”

    The clouds darkened over Europe's slowing economy on Wednesday as the German government slashed its growth forecast and said concerns about a chaotic Brexit and trade tensions were holding back the continent's powerhouse. Germany's Economy Ministry said Wednesday it was cutting its 2018 forecast to 1% from 1.8% in its previous outlook issued last fall.