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German government still sees economy growing slightly in 2019 despite second-quarter contraction

Reuters Wednesday, 14 August 2019 ()
Chancellor Angela Merkel's government still believes the German economy will grow slightly this year despite contracting in the second quarter, a spokeswoman said on Wednesday, adding that the government did not think further stimulus was necessary.
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News video: Dow Plummets Nearly 800 Points on Recession Worries

Dow Plummets Nearly 800 Points on Recession Worries 01:02

Dow Plummets More Than 700 Points on Recession Worries. On Wednesday, the Dow Jones Industrial Average fell by 729 points. Fears of a recession are thought to have caused the slide. Recession fears were caused by reports that the German economy — Europe's strongest — contracted 0.1% in the second...

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