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Bangkok Post
Bangkok Post
Business

Recession fears stalk Europe despite German growth

Germany's energy-hungry industries are key to its success as an export nation. (AFP Photo)

FRANKFURT: Germany's economy unexpectedly grew in the third quarter, official data showed Friday, but slowing growth in France and Spain added to fears that high inflation and an energy crisis will tip the region into recession.

Europeans are bracing for a difficult winter as Russia crimps gas supplies in the wake of the Ukraine war, sending heating bills soaring and worsening a cost-of-living squeeze for millions.

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