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20.08.2008 - German Banks Rules Out Sharp Downturn

DW-WORLD:


Economic Data Produces Mixed Messages in Germany

Producer prices in Germany surged in July to the highest point in
nearly three decades, the country's statistics office said Tuesday.
It is becoming more unlikely that the European Central Bank will
cut interest rates.

The news are represented by www.info-turkey.ru

(19.08.2008)

DW-WORLD:



Bundesbank Warns of Inflation Risks Despite Slower Growth

Germany's central bank ruled out a dramatic slump in Europe's
biggest economy in its monthly report released Monday, Aug. 18, but
warned inflationary expectations were becoming entrenched.
(18.08.2008)

DW-WORLD:



Opinion: Germany's Economic Boom is Over

Germany's economy shrank for the first time in four years, raising
fears Europe's economic powerhouse may be headed for recession.
DW's Karl Zawadzky says the country has to face the fact the party
is over. (17.08.2008)

DW-WORLD:



German Business Leader: 2008 Will Still Be a Good Year

In an interview with DW-TV, Martin Wansleben, the CEO of the German
Chambers of Industry and Commerce (DIHK), says that pessimists
might make Germany's current economic downturn worse than it
actually is. (16.08.2008)


(Deutsche Welle)


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