Germany Bracing Itself For A Fourth Quarter Fall

Europe’s most powerful nation, Germany, could be heading for a fourth quarter slump, due to the continued and seemingly unresolved economic problems within the Eurozone. While the country reported three consecutive quarters of somewhat sluggish growth, it does seem that the final quarter will see a worrying albeit slight GDP fall.

Meanwhile, European Leaders are now closer than ever to agreeing to a single body to regulate Eurozone banks. Unfortunately, much like many Eurozone notions, the exact specifics, mechanics and timeline remain somewhat sketchy.

(Source)