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European Loan Growth Was Slowest on Record in April

www.bloomberg.com
[Bloomberg] - The annual rate of M1 money-supply growth rose to 8.4 percent from 5.9 percent in March. The ECB this month reduced its benchmark rate to 1 percent, citing “a more broad-based reduction in inflationary pressure,” and President Jean-Claude Trichet ...

German Q1 GDP plunges record 3.8 pct q/q

www.reuters.com
[Reuters] - "This is a dramatic plunge and a worse start to the year than we could have imagined," said Juergen Michels, an economist at Citigroup in London. "It can't get much worse, but not much better either. It is questionable whether the economy will grow ...

Juergen Michels News - Bloomberg

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Breaking news about Juergen Michels. Find the latest articles, videos, photos and blogs about Juergen Michels.

German exports fall sharply in July - BBC News

www.bbc.com
German exports fell by 1.8% in July, much more than expected, while its imports also fell, official figures show.
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