Weekly Export Risk Outlook, October 8

10.09.2014 ZF English

The outlook of Germany's economy is deteriorating due to sluggish growth in the euro-zone and Russia tensions, Euler Hermes noted in its Weekly Export Risk Outlook report.

Germany, the largest economy in the European Union, is among  the main foreign trade partners of Romania.

Industrial production and new orders in manufacturing fell more than expected in August, Euler Hermes said in its report. Euler Hermes noted it recently revised downwards its full-year growth forecasts, adding that downside risks to these projections are increasing.

To see more comments about Germany and the world economy, download the full report.