Warned the German central bank Bundesbank today that the German economy "will lose significant momentum in the coming months after he hurt the euro zone's debt crisis and slowing global economic growth rate of growth for the country."
The Bundesbank said in its latest bulletins issued today, "if there is a loss of confidence in large parts of the economy on the occurrence of any momentum in the short term."
The bank said that the Frankfurt-based to him, "The debt crisis protracted euro zone pose the biggest threat to Europe's biggest economy" is that "the slowdown in the major emerging economies in the world, especially China also reduced Germany's economic performance," according to the bank.
"The periodic Headwind will also affect the labor market in the coming months." Also delivered an opinion poll conducted by the Cologne Institute for Economic Research IWC released today highlights the growing risks involved in the labor market as a result of the slowdown in the rate of economic growth of the country.
She said 28 percent of the companies surveyed it plans to write off jobs in the next year, while 20 percent said only that it wants to provide new jobs.
Having succeeded in the face of the economic storm resulting from the debt crisis during the first half of the year slowed the German economy grew an average of 2 t 0 percent in the third quarter.
Despite reaching the level of interest rates record low at 75 t 0 percent, the bank said expansionary monetary policy will not automatically enhance economic growth.
He said that the current business climate is still cause for pessimism and after strong growth during 2010 and 2011 became investment companies recently "suffered a major setback" amid companies take a more cautious approach.
The German central bank added that "the relatively low corporate investment shows that record low interest rates do not represent the same power lead to an improvement in the economy."
Although the Bundesbank is expected to regain German industry gains as it entered the new year amid expectations that the global economy will start to improve again.
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