Germany (ETF: EWG) is now officially in recession after GDP declined 0.5% from the previous...

|By:, SA News Editor

Germany (ETF: EWG) is now officially in recession after GDP declined 0.5% from the previous quarter, when it fell 0.4%, the Federal Statistics Office said today, matching an estimate from Nov. 13. Foreign demand for German goods and services showed a marked downtrend. (full report)