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German Economy Slows More Than Expected

 
People walk past sale signs in a department store window on January 14, 2009 in Berlin, Germany. According to economic data released today the German economy grew only 1.3% in 2008, only about half as much as the year before and less than many analysts were expecting. Germany is being hit hard by the global financial crisis as its economy is very export-dependant.
German Economy Slows More Than Expected
People walk past sale signs in a department store window on January 14, 2009 in Berlin, Germany. According to economic data released today the German economy grew only 1.3% in 2008, only about half as much as the year before and less than many analysts were expecting. Germany is being hit hard by the global financial crisis as its economy is very export-dependant.
( - Photo by Sean Gallup/Getty Images Europe)
People walk past sale signs in a department store window on January 14, 2009 in Berlin, Germany. According to economic data released today the German economy grew only 1.3% in 2008, only about half as much as the year before and less than many analysts were expecting. Germany is being hit hard by the global financial crisis as its economy is very export-dependant. A woman walks past a 'For Rent' sign in a an empty store window on January 14, 2009 in Berlin, Germany. According to economic data released today the German economy grew only 1.3% in 2008, only about half as much as the year before and less than many analysts were expecting. Germany is being hit hard by the global financial crisis as its economy is very export-dependant. A 'For Rent' sign hangs in an empty store window on January 14, 2009 in Berlin, Germany. According to economic data released today the German economy grew only 1.3% in 2008, only about half as much as the year before and less than many analysts were expecting. Germany is being hit hard by the global financial crisis as its economy is very export-dependant. People walk past a clothing store announcing sales and the store's imminent closure on January 14, 2009 in Berlin, Germany. According to economic data released today the German economy grew only 1.3% in 2008, only about half as much as the year before and less than many analysts were expecting. Germany is being hit hard by the global financial crisis as its economy is very export-dependant.
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