Andreas Rees News
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German industrial production unexpectedly rose for a second month in March in a further sign that Europe’s largest economy is returning to growth.
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German payrolls growth will continue this year and unemployment will decline even as economic growth cools, according to Unicredit Group.
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Germany is bettering its European rivals in the race to harness Chinese growth as exports to the Asian nation begin to outstrip those to the U.S.
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The transfer market says Spain should win the 2010 World Cup, according to UniCredit Group.
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German industrial production rose in December, adding to signs that Europe’s largest economy is gathering pace.
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The German and French economies slowed less than forecast in the second quarter, fending off a debt crisis that has dragged at least six of their euro-area neighbors into recession.
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German business and investor confidence has beaten forecasts every month this year, suggesting the strength of Europe’s largest economy may have been underestimated.
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German industrial production unexpectedly rose in July, adding to signs that Europe’s largest economy is weathering the region’s debt crisis.
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Manufacturing expanded in India and China in December, indicating Asia’s fastest-growing major economies have so far withstood the fallout from Europe’s sovereign debt crisis.
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German investor confidence declined for a third month in July as Europe’s debt crisis threatens to cripple economic growth and banks undergo stress tests to prove their durability.
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