By  on May 13, 2019

The most recent figures on German growth do not make for cheerful reading. The country has gone from an engine of economic growth for the whole of the European Union to a problematic market barely avoiding recession. Last week, as part of its official spring 2019 forecast for the EU, the European Commission predicted only 0.5 percent growth for Germany.

That is why the German market is so worrying, Claudio Marenzi, head of Italy’s Confindustria Moda, admitted at a press conference in Florence last week.

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