{"id":358200,"date":"2010-02-24T09:46:00","date_gmt":"2010-02-24T14:46:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/even-germany-is-breaking-the-euro-zone-debt-rules-now-2010-2"},"modified":"2010-02-24T09:46:00","modified_gmt":"2010-02-24T14:46:00","slug":"now-even-germany-is-breaching-the-euro-zone-deficit-limits","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/358200","title":{"rendered":"Now Even Germany Is Breaching The Euro Zone Deficit Limits"},"content":{"rendered":"

\"angela<\/p>\n

Germany has become just the latest in a string of Euro zone members to break the 3% of GDP budget deficit limit in the latest sign that economic conditions are continuing to worsen for Europe.<\/p>\n

The country reported its budget deficit as a percentage of GDP of 3.3% for 2009, .3% above the allowed limit, according to Der Spiegel<\/a>.<\/p>\n

The deficit is likely build up over the first few months of 2010, as a particularly difficult winter has slowed economic production in Central Europe.<\/p>\n

But after that German exports will likely take advantage of a weakening Euro, due to the soaring debt difficulties of other Euro zone members like Greece and Spain, and show signs of growth later this year, according to Der Spiegel<\/a>.<\/p>\n

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