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      Germany 'on brink of recession'


      the report from the institutes praised chancellor angela merkel's multi-billion euro bank rescue plan, which is part of a joint effort by european ecountries to stem the financial crisis .
      the germany's economy finds itself in autumn 2008 on the brink of a recession, the report saised .
      in a twice-yearly report, the institutes added that if the banking sector stabilises, the economy could begin to recover from mid-2009 .
      germany's economy is on the brink of recession and will only expand by 0.2% in 2009, the country's leading economic think tanks have warned .
      Generated 2008-10-20_20:44





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