German Factory Orders Recover In February

Germany's factory orders expanded in February after declining sharply at the start of the year, signalling that the recession is likely to be relatively mild. Factory orders posted a monthly growth of 0.2 percent in February, in contrast to the sharp 11.4 percent decline in January, data from Destatis showed on Friday. However, the rebound was weaker than economists' forecast of 0.8 percent growOriginal Article