Wednesday, July 18, 2007
IF GERMANY HEADING DOWN THE TUBES WITHOUT A RATE HIKE HEAVEN KNOWS WHAT WILL HAPPEN ONCE THEY PULL THE TRIGGER TONTO
BERLIN. The economic situation in Germany already left its high point in opinion of experts behind itself. The Mannheimer center for European economic research (ZEW) according to, which appoints itself to an inquiry under 300 analysts, economic situation expectations decreased/went back surprisingly strongly. Therefore growth in the second yearly half will more weakly fail than in first. As causes the Mannheimer researcher called the strong euro, the high oil prices and the rising interest. Like that the euro is no longer far from the 1,40-Dollar-Marke and also the oil price noted on a record level.