Slowdown in Germany worries eurozone

Slowdown in Germany worries eurozone

Press quote (The New York Times)
Philip Whyte
15 January 2013

"This idea that Germany is a powerhouse dragging the rest of Europe along with it is a bit of a myth to be honest," said Philip Whyte, a senior research fellow at the CER in London. "You have a very weak periphery and a core which is not as strong as everyone seems to believe."