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Those that use the lifeline should not earn more than €500,000 a year, said Mr Steinbrück.Even if the bail-out works, Germany will not avoid a slowdown.
"In fact, should confidence in the strength of our recoveries diminish, we should be prepared to respond again as quickly and as forcefully as needed to avoid a slowdown in economic activity," he wrote.
Mr. Putin's prime minister and former finance minister, Mikhail M. Kasyanov, had told the legislators that passing the tax code was crucial if the economy, which lately has been growing at a 5percentt annual clip, was to avoid a slowdown and a potential recession.
C overtime : the costs related to paying overtime to fellow seafarers in order to avoid a slowdown in production.
Despite Broadcom's past success, the company can't avoid a slowdown in the chip-making industry that's already spawned several other mergers, analysts said.
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But economists say it may not be possible to avoid a global slowdown.
The Bank of England will probably have to take further action if the UK is to avoid a damaging slowdown following the Brexit vote, according to one of its deputy governors.
Another fear is that if homebuilding falls sharply, China may struggle to shift labour and capital quickly enough to avoid an abrupt slowdown in the overall economy.But the first fear should allay the second.
LOUIS (Reuters) — The United States appears likely to avoid an economic slowdown but the chances of a recession have risen, William Poole, the president of the St. Louis Federal Reserve Bank, said Monday.
"Small firms are resilient and will survive the current fragile economic outlook, but to avoid an economic slowdown this data should be a wake-up call for our elected politicians," he added.
Data released Sunday reinforced the view that China would most likely avoid a sudden, sharp slowdown — a so-called hard landing — at least for now.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com