Germany on brink of recession

GERMANY - The German economy is teetering on the brink of official recession, officials have said, after figures showed growth in 2001 slowing to its lowest level for eight years.

Growth in Germany's gross domestic product (GDP) last year was 0.6%, compared with 3% in 2000.

The Federal Statistics Office said that it was too early to say whether the economy met the official definition of recession - two successive quarters of contraction.

After shrinking in the July-to-September quarter, growt