WIESBADEN, Germany (AFP) – The German economy posted record growth of 3.6 percent last year, provisional figures released Wednesday by the national statistics office showed, while the deficit grew to 3.5 percent.
The economy, Europe's biggest, had contracted by 4.7 percent in 2009 during Germany' worst post-war recession, before rebounding to post the strongest growth since its reunification in October 1990.
...
It added that the number of employed workers in Germany has climbed to an all-time high of 40.5 million people.
...
The country has benefited from a rebound in global trade that has raised tax revenues while falling unemployment has reduced the need for some public spending.
/...
http://news.yahoo.com/s/afp/20110112/ts_afp/germanyeconomygrowthdeficit_20110112095021
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore
