DBRS Illustrative Insights: Germany’s Euro-Area Contribution
Recent market discussion has focused on the risk of a recession in two major global economies: the United States of America (rated AAA with a Stable trend by DBRS) and the Federal Republic of Germany (Germany; rated AAA with a Stable trend by DBRS). In Europe, Germany plays a key role in the euro area as its largest contributor with a market-price gross domestic product (GDP) of EUR 3.34 trillion, representing 29% of euro-area GDP.
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