Germany's public sector deficit was 17.3 billion euros in the first half of this year, equating to 1.5 percent of gross domestic product (GDP), the Federal Statistics Office said on Tuesday.
During the same period a year earlier, the country racked up a surplus of 7 billion euros, the Office said. Germany's economy shrank 7.1 percent on the year in the second quarter, official data showed, following a 6.4 percent drop in the first.
So if you follow the timeline, Germany's fiscal surpluses last year were followed by severe drops in GDP this year. I wonder if the editors at Forbes can follow the logical cause and effect?