- There is a discrepancy between the mood of financial markets and firm’s expectations
- ECB assistance wont solve the eurozone crisis states’ problems, just gives them more time
- Firms will only increase investment when a solution to the debt crisis is in sight
- Does not see a recession in Germany at the moment but expects stagnation in Q4
- Private consumption remains strong in Germany, the crisis has not yet hit consumers
- Sees no reason for ECB to cut rates
Reuters headlines
