Germany: Does the eurozone's powerhouse need a 'green' power surge?

Solution to bolstering the country's slowing economy

clock • 3 min read

Germany largely owes its reputation as the powerhouse of the eurozone to its successful record of manufacturing 'complex' products in the fields of electrical engineering, electronics, automotive and chemicals.

Yet, the German economy is unquestionably slowing down. The German Manufacturing Purchasing Managers' Index, an important economic indicator, recently dropped to 44.1 (anything below 50 signifies contraction), which is the lowest reading since July 2012. This is the latest disappointment in a series of worryingly soft economic data points. Bond market woes In bond markets, increasing fears of a slowdown are evident. The 10-year bund dropped back into negative yield territory in March, with investors - once again - having to pay for the privilege of buying the country's sovereign ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Europe

Eurozone inflation dips below ECB target for the first time in over three years

Eurozone inflation dips below ECB target for the first time in over three years

Down to 1.8% in September

Valeria Martinez
clock 01 October 2024 • 1 min read
Investors raise alarm over impact of rising populism on European stocks

Investors raise alarm over impact of rising populism on European stocks

Political gridlock expected

Sorin-Andrei Dojan
clock 26 September 2024 • 4 min read
Partner Insight: Has the European credit cycle been extended?

Partner Insight: Has the European credit cycle been extended?

Derek Hynes, Fixed Income Portfolio Manager and Will Prentis, Fixed Income Investment Specialist at Wellington Management
clock 21 June 2024 • 4 min read
Trustpilot