Is Europe's largest economy out of breath ?

In June, the industrial production was stagnated, while foreign demand fell by 0.1 percent. Even engineering increased its output by just one percent. 62 percent of German exports tends to the EU countries so the European problems affects Germany as well.

The speculation concerning the creditworthiness of France are particularly dangerous, because the Germans exports to France in a value of 90 billion euros. Another problem is the high costs of financial rescue imposed on Germany – writes Világgazdaság Online.