Morgan Stanley Germany is not Europe’s economic locomotive matlab 等高线�

Morgan: Germany is not the European economic locomotive U.S. stock market center: exclusive offer full industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants stocks news Beijing time on the evening of 20, said Morgan Stanley research report published on Tuesday, as a veteran of the Ji Qiangguo, Germany in 2017 will no longer be the leader of euro zone growth. Germany is Europe’s largest economy, according to the International Monetary Fund (IMF) data, the country’s nominal GDP in 2016 was $3 trillion and 500 billion. The country is also a founding member of the EU, often with skilled manufacturing base and huge export surpluses and highly commendable. But Morgan Stanley chief economist Elgar Bachet Europe (Elga Bartsch) reported Tuesday that the German engine may be a failure. She said, by the impact of external factors, is expected in Germany next year GDP growth will decline from 1% to 1.5% this year, is no longer a leader in the euro zone. Morgan Stanley data show that the last time this situation is still in 2009. The report said: "external demand is likely to decline, a British exit the EU is facing serious uncertainties, may make the trade oriented German economic cycle are more serious than the impact of other countries." Morgan Stanley’s GDP forecast Germany’s third quarter economic growth rate of only about 0.1%. The report notes that in August this year, many German companies have cut production plans, and the number of new orders fell sharply. Morgan Stanley’s report that, in 2016 the rest of the time, domestic demand will become the main source of economic growth in germany. The report said: "at present, the refugees related expenses and pension benefits increased by 5% from July 1st, has increased the domestic demand for power. However, the next year’s nominal inflation rate, welfare tax increases, the number of immigrants and the unemployment rate will increase and other factors will be limited by this power." Her report also pointed out that, when held in the second half of next year the German election, just when the economic decline. The report said: before the 2017 elections in Germany, we may see the ruling coalition parties within the fiscal discipline and the European unity and other issues of political friction to upgrade." The report predicts: "the issue of European unification could increase the difficulty of the negotiations on the UK’s removal of the European Union, the international trade agreement, or any additional relief measures." (Zhang Jun) responsible editor: Zhangjun SF065相关的主题文章: