November 14, 2019 / 7:26 AM / a month ago

Germany has avoided recession, but growth is still weak - economy minister

BERLIN, Nov 14 (Reuters) - German Economy Minister Peter Altmaier said on Thursday that Europe’s largest economy had avoided a recession in the third quarter but warned that the economic development remained fragile.

“We do not have a technical recession, but the growth numbers are still too weak,” Economy Minister Peter Altmaier told ARD public television after the Federal Statistics Office reported a 0.1% economic expansion in the third quarter. (Reporting by Michael Nienaber Editing by Michelle Martin)

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