Germany sees chink of light on horizon

The German economy is looking a little brighter, but it still has a long way to go before a recovery takes place. The improving global conditions should help the export industry and the tax cuts proposed for next year should stimulate the domestic situation. However, there are still concerns that if the euro strengthens against the dollar, it will spell bad news for exports. There are also worries about deflation if consumers do not start spending. According to Farida Hasan, global economist at Henderson Global Investors, the forecast for Germany is for stagnation this year. Th...