German economy cools, raising concerns about eurozone

German economic growth slowed to 0.3% in the second quarter of 2012 from 0.5% in the first, statistics published on the 14 August 2012 showed. The numbers had economists warning that the euro-zone slowdown and weaker global growth were about to catch up with Germany, where the economy may even shrink in the third quarter.

• Primary Source

ESO: Background information: German slowdown likely to lead to eurozone recession http://www.europeansources.info/record/german-slowdown-likely-to-lead-to-eurozone-recession/

EurActiv, 14.8.12: Eurozone growth falls, signalling trouble for Germany http://www.euractiv.com/euro-finance/eurozone-growth-falls-signalling-news-514296

Deutsche Welle, 14.8.12: German economy posts growth amid euro crisis http://www.dw.de/dw/article/0,,16164710,00.html

Spiegel Online International, 14.8.12: German Economy Is Running Out of Steam http://www.spiegel.de/international/germany/german-economy-slowed-in-second-quarter-gdp-figures-show-a-849936.html

Der Standard / Financial Times Deutschland / Frankfurter Allgemeine Zeitung, 14.8.12: Berlin still selling too much (via PressEurop) http://www.presseurop.eu/en/content/news-brief/2522081-berlin-still-selling-too-much

Germany: Federal Statistical Office (Destatis): Press Release, 14.8.12: Gross domestic product in 2nd quarter of 2012: moderate increase of +0.3% https://www.destatis.de/EN/PressServices/Press/pr/2012/08/PE12_277_811.html;jsessionid=1E73E7274D07AA52F7DC3D0EC04C23EF.cae2

---