euro area countries and a less dynamic world economy growth reduce Germany's growth rate directly and indirectly by … euro area crisis is brought under control, albeit not solved. The greatest risk is that this assumption is too optimistic … potential financial losses are increasing rapidly. Fast and comprehensive measures are necessary to prevent the euro area from …

many other euro-area countries - declining demand within the euro area weighs on German exports and consequently on … rise by 1.8 % in 2012 compared to 2.3 % in 2011. The outlook for 2013 is mixed: Exports to countries outside the euro area … will rise more rapidly, whereas exports to euro-area countries will slacken further due to the severe austerity policies in …

many other euro-area coun-tries - declining demand within the euro area weighs on German exports and consequently on … rise by 1.8 % in 2012 compared to 2.3 % in 2011. The outlook for 2013 is mixed: Exports to countries outside the euro area … will rise more rapidly, whereas exports to euro-area countries will slacken further due to the severe austerity policies in …