FEUZ - Is European Recession Underway? Not Yet But Growth Is Slowing
By Stuart Burns
Everything in the garden may look rosy from the U.S., but there is no doubt that the global economy is slowing.
Recent data from Germany suggests the engine of the European Union is suffering as much as anyone.
A Telegraph article last week examines recent economic data from Germany and Italy to better understand the current state of the main European economies.
Even peeling away the more sensationalist rhetoric, the figures do not look encouraging.
German industrial output fell sharply in December, led by falling car sales as car companies