GERMANY

German Growth Rescues Euro From Dive

Greek euro
The euro pulled back from a four-month low against the dollar during Asian trading Tuesday after Germany, the euro zone's largest economy, announced first-quarter GDP growth of 0.5 percent.

Euro Zone Avoids 2nd Recession As German Q1 GDP Surprises

A Markit PMI survey indicated that the euro zone was continuing its plunge into a double dip recession, Monday.
Stronger-than-expected growth in Germany helped the euro area avoid its second recession in three years at the start of 2012 but stagnation in France and contraction in southern Europe underlined the huge economic disparities across the single currency bloc.
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Voters In Germany's Biggest State Crush Merkel's CDU

Chancellor Angela Merkel's conservatives suffered a crushing defeat Sunday in Germany's most populous state, which could embolden the left opposition to step up its criticism of her European austerity policies.
A drachma coin is seen on display in this photo illustration taken in Athens May 9, 2012.

Could Germany Be Sounding A Softer Note On Greece?

Euro-zone paymaster Germany may be willing to consider additional measures to promote growth in Greece, but the Hellenic Republic must still carry out its previously agreed reforms, German Finance Minister Wolfgang Schaeuble said in an interview with Welt am Sonntag this weekend.

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