Germany narrowly avoids recession, zero growth

The economic outlook in Germany continues to look pretty dismal, with the country only narrowly avoiding a fall into recession.

The German economy dipped by -0.2% in the third quarter of 2018, and flatlined at 0.0% by the end of the year.

The country is now teetering on the brink of a recession, with German industry desperately anxious about the prospect of the UK leaving the EU without a trade deal.

Italy is in recession and European economies need a deal with Britain. The UK government must hold its nerve, demand changes to any deal and be prepared to walk away.