8/24/2012

The economic crisis in the euro area


The economic crisis in the euro area, Germany, began to have an effect. According to figures released by the Federal Statistical Office, Europe's largest economy, growth rate of 0.3 percent in the second quarter was due to the decrease in investments.

Experts draws attention to global markets, "countries such as Germany, which is not a very bad trend. International commercial actor and a major exporter. Looking at these figures show that exports of the manufacturing sector is very weak. If you continue to slowdown in the global markets in Germany might be affected in this way. "

Germany, grew 0.5 percent in the first quarter of the year. 17-member euro area, shrank by 0.2 percent in April-June period, 0.2 per cent contraction recorded in all of the 27-nation European

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