The economic downturn has affected German industry even more dramatically than predicted by economists (08.01.2009) je 16

The economic downturn has affected German industry even more dramatically than predicted by economists. Data released on Thursday shows a massive reduction in orders for export goods for November, and the biggest plunge in export EARNINGS since the country's re-unification almost 2 decades ago. Trade with non-Eurozone countries has been hit the hardest.