German economy hits major slump: IFO (AFP)

A construction site at Berlin's Alexanderplatz Square in 2006. Europe's biggest economy has seriously hit the skids, a key survey has showed, leading analysts to forecast a German recession well into next year.(AFP/DDP/File/Theo Heimann)AFP - Europe's biggest economy has seriously hit the skids, a key survey showed on Monday, leading analysts to forecast a German recession well into next year.

AFP

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