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DAX index suffers plunge over Asia fears
China

DAX index suffers plunge over Asia fears

Germany's most important stock market index continued to suffer the effects of plunging confidence in Asia on Monday, losing around four percent of its value after a sharp fall in early-morning trading.
Commerzbank predicts massive recession
gdp

Commerzbank predicts massive recession

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.