While Germany has so far led the regional recovery, it is feeling the pain of increasing political tension. The European Union agreed last week on its widest-ranging sanctions yet over Russia’s backing of rebels in eastern Ukraine. Russia counts Germany as its biggest trading partner in Europe.
“The manufacturing-sector outlook does not look encouraging.”
Die Konjunktur läuft nicht mehr rund – Industrie-Aufträge mit stärkstem Minus seit 2011
Observing Hermann 