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Germany's industrial production suffers record decline in March

Industrial production in Germany dropped by a record 9.2 percent in March compared with the previous month, the Federal Statistical Office (Destatis) announced on Thursday, pinning the blame on the

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GDP down 3.3 pct in euro area, 2.7 pct in EU in Q1

Euro area economy contracted 3.3 percent in the first quarter year on year, while the broader European Union economy contracted 2.7 percent year on year, the bloc's statistical office said on Thursda