- Sanctions against Russia would be painful for German economy and life threatening for Russian economy
- Optimistic about foreign trade with large parts of the world except Russia
- Expects German exports to grow 3.0% and imports +2.0% in 2014
German trade assoc BGA on Rtrs.
Life threatening from this assoc, ECB needs to do €60bn a month in QE from another. Someone’s been putting too much spice in their Bratwursts haven’t they?
