Commerzbank predicts massive recession

Commerzbank Predicts Massive Recession - Politics, Business, Civil, History - Posted: 24th Mar, 2009 - 11:10am

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Post Date: 24th Mar, 2009 - 11:10am / Post ID: #

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Commerzbank predicts massive recession

Commerzbank predicts massive recession
German Economy Local German Business News In English

Economists at Germany's second largest bank, Commerzbank, said on Monday the country would experience the worst recession in modern memory this year, as the economy contracts up to 7 percent.
Source: The Local: Money

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