Thursday, January 12, 2017

Brexit Boom

Reuters --

The German economy expanded at the fastest pace in five years in 2016 and the growth momentum is expected to continue this year as rising private and state spending help Germany cement its position as the locomotive of the euro zone. Europe's largest economy expanded by 1.9 percent last year, a preliminary estimate from the Federal Statistics Office showed on Thursday, as an environment of low interest rates and a record influx of refugees fuel household and state spending.

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