Recently Released Market Study: Germany Food & Drink Report Q2 2012
The ever-deepening eurozone debt crisis is proving a major challenge to Germany's economic growth model. Further escalation of the crisis, which could see a sovereign or a financial institution default, may tip the balance and result in a major recession in Europe's biggest economy, which almost certainly would drag global growth into recession as well. For the time being we continue to hold to our 'muddlethrough' scenario for the eurozone despite acknowledging enormous risks of a break-up of the European...
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