Unclear how deep and lasting Germany's economic problems are: ECB's Nowotny
"The fear is that particularly in the auto industry we have lasting changes that affect Germany especially," said Nowotny, who is also governor of the Austrian National Bank.
"The most important economic question for Europe is whether these are one-off slowdowns or whether structural factors are behind them," ECB`s Governing Council member Nowotny said in an interview, Image source: Reuters