Germany in recession as US scraps toxic asset buy-up (AFP)

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Brokers at the stock exchange in the central German city of Frankfurt/M. on November 10. Europe's biggest economy Germany has fallen into recession, the latest victim to the global financial crisis, official Destatis figures showed on Thursday.(DDP/AFP/Thomas Lohnes)AFP - Germany, Europe's biggest economy, entered recession Thursday amid more heavy falls on stock markets after the US scrapped plans to buy up toxic mortgage assets at the heart of the financial crisis.

--- AFP ...



categoriaPersonal Finance commentoNo Comments dataNovember 13th, 2008

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