Wednesday, Sep 26, 2007
We expect the German economy to lose further steam in the coming quarters
forbes.com: Germany Could Be At Peak Of Economic Cycle
Germany Could Be At Peak Of Economic Cycle
LONDON - Earlier this month Michael Glos, Germany's economy minister warned his peers at the Bundestag that "clouds [were] gathering in the economic sky." On Tuesday it looked like Europe's biggest economy was starting to feel the first drops of rain. The trend lower suggested "a permanent change of course" for the German economy, Commerzbank analyst Ralph Solveen said. "We expect the German economy to lose further steam in the coming quarters," he added.
Posted by chris @ 03:11 PM (226 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.