Germany’s economic woes could impact the broader Eurozone economy, another likely concern for ECB policymakers.
Expert Views on the German Economy
Hamburg Commercial Bank Chief Economist Dr. Cyrus de la Rubia recently commented on Germany’s manufacturing sector and exports, stating:
“What is particularly troubling, looking back over the last 30 years, is how long this slump in export orders has dragged on – it is unprecedented. We attribute this to the “China shock.” Many companies, especially in the automotive and mechanical engineering sectors, have not yet found convincing answers to the sudden intensification of competition.”
ECB Monetary Policy Impact Analysis
The ECB may look beyond the headline trade data and consider import and export…
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