Business confidence in Germany, which has led the EU economic revival over the last year, declined for a fourth month in August, which further clouded prospects of a broader recovery across the EU. German Chancellor Angela Merkel has confirmed that the growth of the country’s economy has been hit by the crisis in Ukraine. The main reason for the Eurozone’s poor GDP growth are the sanction imposed by the EU against Russia, Michael Mross, chief editor of MMNews.de website, told RT. jhaines6.wordpress/2014/08/25/rt-german-business-confidence-shattered-lowest-in-13-months/ August 25, 2014
Posted on: Tue, 26 Aug 2014 08:01:50 +0000