The German Export Engine Runs In Full Gear

Lo bueno no dura siempre...
German Logo of the ECB.Image via Wikipedia
The German Export Engine Runs In Full Gear

The rapid pace of German exports might not last long. German industrial orders fell 4 per cent in March, with export orders falling faster than domestic orders. Economists expect German growth to slow later this year in the face of higher oil prices, fiscal austerity in much of Europe, higher European Central Bank interest rates, and worries created by geopolitical tensions in north Africa and the Middle East.

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