After a decline in European stocks, Germany has entered a recession as its GDP fell in the first quarter.
European stock markets experienced a decline on Thursday following the news that Germany, the largest economy in the region, entered a recession in the first quarter of the year.
At 11:15 AM (China Standard Time - GMT+8), the DAX index in Germany dropped 0.2%, the FTSE 100 in the UK dropped 0.4%, and the CAC 40 in France fell 0.3%.
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