Stephen Scherr said on September 5 that the German economy is in the "early days of a slowdown".
Reuters
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Goldman Sachs Chief Financial Officer Stephen Scherr said on September 5 that the German economy is in the "early days of a slowdown".
"We are in the early days of a slowdown. I think that, you know, many of us and many economists can point to particular issues, whether it's the automotive sector or the China trade issue that weigh on the German economy", Scherr told CNBC in an interview held in Frankfurt.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.First Published on Sep 5, 2019 03:57 pm
