German investment train is heading east to escape the weakness of the euro area
July 25 2011
BAGHDAD - Agencies
Often, Germany was the heart and center of the European economy, but Europe is no longer as well as for Germany as it was in the past. In a time when many parts of Europe from the economic downturn and make working hard to cope with the debt crisis, Germany spends its money and make their energy outside the euro zone to drive strong growth to continue.
Such a transformation, which is still in its early stages, can lead to serious economic and political involvement because it occurs at a critical time count when the rest of European countries to Germany to continue to play its traditional role as a driving force of the European economy. Rather than to assess the German company investments in countries such as France and Italy, allocate part of their funds to make investments in countries such as Poland, Russia, Brazil and China, which is the largest market for car «Volkswagen», and can become as well as for cars «Mercedes» and «BMW».
And go for the German government on this approach, as is devoting more resources to diplomatic growing trading partners, particularly China, where escorted Prime Minister, Wen Jiabao, with 13 ministers and 300 managers during his visit to German Chancellor Angela Merkel last month.And escorted the Russian President, Dmitry Medvedev, his delegation during a similar visit last Monday to Hanover for a German consultancy - annual Russian.
It was within this delegation, Alexander Medvedev, deputy CEO of the company (Gazprom) has led this shift in economic orientation to the already significant consequences within Europe.
With the decline in Germany's reliance on the markets of the euro area, there are indicators showing taken a tougher stance towards its partners, allies such as Greece, Italy and Portugal, which increases the pressure that already threaten European unity.
Says Kevin Weserston, European policy expert at the London School of Economics: «This supports the direction of Germany that we saw during the past few years to focus more on interests rather than sacrificing for the greater good of Europe.
Germany will not give up on Europe, but is frustrated ".German policy in line with business enterprises such as the German company« Frisenius »working in the field of health care in Bad Homburg near Frankfurt.
Last year the company achieved an increase in sales in Asia 20 per cent, as sales reached 1.3 billion euros, equivalent to $ 1.8 billion, while the volume of sales in Europe, 6.5 billion euros, up 8 per cent.
Said Mark Schneider, CEO of the company «Frisenius», it is expected to continue this, pointing out that China was trying to create a universal health care system that ensures the provision of dialysis treatment by injection of the citizens, which, inter alia, provided by the company.
Germany remains, of course, linked to the euro zone, which is still the largest source of trade to a large extent.
But it is clear that Western Europe's share of the pie is declining under the German companies focus on the establishment of investments in the most dynamic markets.
Says Marc Lhermitte, partner in a consulting company «Ernst & Young»: «I do not think I could describe as Germany is still the driving force for Europe, but engine».
Lhermitte was a participant in a study conducted by the company in May (May), which examined trends in investments around the world.
The share of the euro area of German exports in the past year to 41 per cent after it had been 43 per cent in 2008, while Asia's share increased from 12 to 16 per cent, according to figures from the Bank "Bank of the Bundesliga".During the same period, exports to Asia increased by 28 billion euros, while exports to the euro area as much.
The «Frisenius» of the many companies that illustrate this trend.
http://translate.googleusercontent.c...oUIX0XrP1Z1fCw
July 25 2011
BAGHDAD - Agencies
Often, Germany was the heart and center of the European economy, but Europe is no longer as well as for Germany as it was in the past. In a time when many parts of Europe from the economic downturn and make working hard to cope with the debt crisis, Germany spends its money and make their energy outside the euro zone to drive strong growth to continue.
Such a transformation, which is still in its early stages, can lead to serious economic and political involvement because it occurs at a critical time count when the rest of European countries to Germany to continue to play its traditional role as a driving force of the European economy. Rather than to assess the German company investments in countries such as France and Italy, allocate part of their funds to make investments in countries such as Poland, Russia, Brazil and China, which is the largest market for car «Volkswagen», and can become as well as for cars «Mercedes» and «BMW».
And go for the German government on this approach, as is devoting more resources to diplomatic growing trading partners, particularly China, where escorted Prime Minister, Wen Jiabao, with 13 ministers and 300 managers during his visit to German Chancellor Angela Merkel last month.And escorted the Russian President, Dmitry Medvedev, his delegation during a similar visit last Monday to Hanover for a German consultancy - annual Russian.
It was within this delegation, Alexander Medvedev, deputy CEO of the company (Gazprom) has led this shift in economic orientation to the already significant consequences within Europe.
With the decline in Germany's reliance on the markets of the euro area, there are indicators showing taken a tougher stance towards its partners, allies such as Greece, Italy and Portugal, which increases the pressure that already threaten European unity.
Says Kevin Weserston, European policy expert at the London School of Economics: «This supports the direction of Germany that we saw during the past few years to focus more on interests rather than sacrificing for the greater good of Europe.
Germany will not give up on Europe, but is frustrated ".German policy in line with business enterprises such as the German company« Frisenius »working in the field of health care in Bad Homburg near Frankfurt.
Last year the company achieved an increase in sales in Asia 20 per cent, as sales reached 1.3 billion euros, equivalent to $ 1.8 billion, while the volume of sales in Europe, 6.5 billion euros, up 8 per cent.
Said Mark Schneider, CEO of the company «Frisenius», it is expected to continue this, pointing out that China was trying to create a universal health care system that ensures the provision of dialysis treatment by injection of the citizens, which, inter alia, provided by the company.
Germany remains, of course, linked to the euro zone, which is still the largest source of trade to a large extent.
But it is clear that Western Europe's share of the pie is declining under the German companies focus on the establishment of investments in the most dynamic markets.
Says Marc Lhermitte, partner in a consulting company «Ernst & Young»: «I do not think I could describe as Germany is still the driving force for Europe, but engine».
Lhermitte was a participant in a study conducted by the company in May (May), which examined trends in investments around the world.
The share of the euro area of German exports in the past year to 41 per cent after it had been 43 per cent in 2008, while Asia's share increased from 12 to 16 per cent, according to figures from the Bank "Bank of the Bundesliga".During the same period, exports to Asia increased by 28 billion euros, while exports to the euro area as much.
The «Frisenius» of the many companies that illustrate this trend.
http://translate.googleusercontent.c...oUIX0XrP1Z1fCw
