1.0 link 149878 <![CDATA[Germany's Recession: Could Be Worst In Its History]]> http://www.huffingtonpost.com/2008/12/10/germanys-recession-could-_n_149878.html Germany could be set to face the worst recession in its history, an economic research group forecast Wednesday, Dec. 10. The announcement comes after the World Bank predicted a sharper global downturn.

The Rhineland-Westphalia Institute for Economic Research (RWI), a leading German economic research organization, said in a statement that Germany, Europe's largest economy, would see gross domestic product (GDP) shrink 2 percent next year.

In September, RWI had forecast growth of 0.7 percent in Germany for 2009, but downscaled this prediction...

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