November 14, 2019 / 8:24 AM / 24 days ago

Germany has avoided recession, but growth is still weak: economy minister

German Economy Minister Peter Altmaier attends the weekly cabinet meeting in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch

BERLIN (Reuters) - German Economy Minister Peter Altmaier said on Thursday that Europe’s largest economy had avoided a recession in the third quarter but warned that the economic development remained fragile.

“We do not have a technical recession, but the growth numbers are still too weak,” Economy Minister Peter Altmaier told ARD public television after the Federal Statistics Office reported a 0.1% economic expansion in the third quarter.

Reporting by Michael Nienaber; Editing by Michelle Martin

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