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Experts predict 2009 will bring the worst recession in 15 years to Germany (06.12.2008) - je 13

Daniel SteadDecember 6, 2008

The German Bundesbank has warned that in 2009 the country could face it's worst recession in 15 years. Other predictions are even gloomier, forecasting a contraction of gross domestic product of up to 4 percent next year. The Bundesbank adds that the nation's economy is unlikely "to pick up again until the projected global upturn in 2010."

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