German Economy In ‘Twilight Zone’ Overshadows Better News In France

The world's fourth-largest economy was stuck in limbo during Q2, data released on Friday suggested. Officially, Germany "exited" a winter slowdown in the three-month period to June, but it's probably more accurate to say the country's "slowcession" persisted. Growth stagnated, according to the Federal Statistical Office, which is to say there was no growth. As ING's Carsten Brzeski put it Friday, reiterating remarks from earlier this week, the country "seems to be stuck in the twilight zone be