2012 GDP Figures Released German Budget Back in Surplus Despite Slowdown

The euro crisis took its toll on the German economy in 2012, but the budget swung to a surplus for the first time since 2007. Still, data released on Tuesday showed a paltry growth of just 0.7 percent.
A worker at German steelmaker ThyssenKrupp. The economy has been hit by the euro-zone crisis.

A worker at German steelmaker ThyssenKrupp. The economy has been hit by the euro-zone crisis.

Foto: INA FASSBENDER/ REUTERS
cro -- wth wire reports