UK markets closed

Headwinds for Germany Despite Unexpected 3Q Growth

Nov.15 -- Moody's Germany Associate Managing Director Dietmar Hornung said that Germany's 0.1% growth in the third quarter of 2019 is in line with a "deceleration in growth" for Europe's largest economy. Hornung said that Germany's latest GDP figures are showing "significant headwinds" for the European economy. He spoke to Bloomberg's Anna Edwards after Germany posted an unexpected 3Q growth, on Thursday November 14th.