The German economy has blessed the research facility in February, announced that business confidence in Germanysince January 108th 3 to 109.6 liters. This is the sign of the index of German business confidence rose for the fourth consecutive month and climbed as high as 7 months. The blessing of the 7000 Enterprise Institute surveys shows that most companies that the future will be better taken into account the state over the six months. The confidence that the company is the main reason for the German domestic demand and strong construction and operation of the commercial sector is a plus.
But in the Euro area was desolate. Late last year, the Commission is also expected that 2012 economic growth is noticeable in the Euro zone, not by 0.5%, and is responsible for recent European Economic and Monetary Affairs Committee, said Ryan, the area economy € expressed “slight decline”. The European Commission said the last report in 2012, to be the Euro zone economy by 0.3% negative growth. Greece after four consecutive years after the recession of 2012 will continue in the tragedy, at least 4.4% of the unwanted growth. Even more worrisome, is the third largest economy in the Euro zone, the Italians will see a 1.3% negative impact of economic recession. And profitable growth in 2012 is also in Germany by 0.6%.
Now back to the old problems effectively in the economic malaise in the Euro zone, Germany, the engine power, how long will it take?
Germany Greek “the virus has invaded Germany economic unit” Business Day recently six companies are listed. “In fact, you end up with economists warn that the instability in the Euro zone is the biggest threat to the German economy. At an autumn said in 2012 the German economy into a recession then. But if not so serious topics, but the Euro Zone debt crisis of the German economy or influence. And, like Germany, “said business daily newspaper is not only the finance, insurance, debt of Germany, the crisis affected the German industry and the service suffered. Production of the countries depends on yourself, it’s a very painful blow.
950 000 workers in the German industrial machine manufacturing plant are the backbone of the German economy, the greatest strength of German exports. Since the debt crisis in europe since the beginning of 2009 Germany’s “big countries” mechanical equipment is falling exports, made from 2008 € in 2011 to 12.2 million Euros. The Association of German Machinery Equipment Manufacturers Association has recently revised expectations for 2012 growth of the industry, increases the growth rate of 4% to zero growth in 2011 revised engineering manufacturing mechanical equipment also increased by 12%. It is caused by stagnant growth in the Euro zone is not stable, 2, falling demand from China. The industry has been waiting for optimism is gradually from large corporations to small and medium-sized, said that due to the economic environment is stable, the focus is not clear. The area of the former Siemens to pull for the first time in two years. Regardless of whether the chief financial officer, said the Siemens in Greece, Italy, Portugal and Spain, the company’s revenue, a total of 6% of sales, but justice in these countries in the European South was well enough solar energy, because the debt crisis and the lack of progress.
If the bag is the barometer of the national currency, the German stock market is still a thriving scene. But in this view, Germany, the economic malaise in Europe has shown the locomotive.
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