The "Putin Effect" Has Frustrated The German Economy Or Reduced Exports.

The global economic situation is not good enough, and the current crisis in Russia and Ukraine is caused.

Mutual sanctions with the European Union have further frustrated the EU economy and exacerbated the global economic crisis.

Even Germany was not immune. It even started to bring disaster to France.

According to recent reports, the latest data released by the European Economic Research Center (ZEW) show that in August, the global investor confidence index fell sharply.

This further depressed the European stock market and weakened the euro.

After the release of the data, people began to see more and more negative prospects for the economic growth prospects of Germany and France.

It is reported that in August, investor confidence index dropped from 18.5 to 8.6, the lowest level since December 2012, and the drop was very large, and it had been down for 8 months.

The European Economic Research Center pointed out that the recession may be related to the current geopolitical tensions.

The crisis in Russia and Ukraine, coupled with turmoil in the Middle East, has also hit Europe's most powerful economy.

The investor confidence index also dropped to its present level in June 2012, when the European Union nearly collapsed.

According to industry analysis, the most serious factor in combating investor confidence is "

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The so-called Putin effect refers to the consequences of Putin's actions on the conflict in eastern Ukraine and the retaliatory measures imposed on economic sanctions in Europe and the United States.

It is reported that Germany is the largest economy in the 18 member states of the European Union, and the recent economic development is also the best, followed by France.

But now the industry experts generally look down on the economic growth of the two countries.

The more in-depth observation, the more worried the EU authorities are about the economic situation of Germany and France.

It is predicted that the economic growth of the two countries in the third quarter of this year may be difficult to exceed 1%, or even zero growth and negative growth.

In addition, France's domestic economic reform is now in great trouble and the French economy is heavily dependent.

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If the German economy goes down, France's exports will surely be frustrated, so will the French economy.

In addition, recent official figures show that Italy, the third largest European Union, plunged into recession in the second quarter of this year.

Due to the current global instability and the unstable local situation, these factors will definitely affect the sales volume of products, and the customer orders received by enterprises will also decrease.

So German enterprises dare not invest in large scale as before.

Moreover, the EU's economic development is not good enough. Germany's economic growth this year is certainly not as good as previously predicted.

So most investors believe that the economic situation will only deteriorate rather than improve.

According to the current global situation and relevant professional data, Germany's economic recovery prospects are still uncertain.