Trading partners are anxious about a drop in German factory orders

09/9/2010 | (Ireland)

German manufacturers saw a sharp decline in orders in July, sparking concern of a slowdown among trading partners across Europe. Germany's expansion has been the one bright spot for the region's economy. However, German officials and economists have warned that despite a recent growth spurt, the nation can't sustain a high rate of growth if European governments implement austerity programs and the U.S. economic recovery continues to struggle.

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