The emissions scandal could also do damage to the "Made in Germany” seal of quality. Will the scandal affect exports and the economy? We speak with Clemens Fuest, president of the Center for European Economic Research (ZEW).
According to ZEW research group, investor sentiment in Germany is still rising amid confidence that Europe's biggest economy is robust enough to withstand the refugee crisis and the economic slowdown in China.
The mood among financial investors in Germany fell sharply in September, a new survey by the ZEW think tank says, as slowing growth in emerging markets is hurting the vital export sector of Europe's top economy.
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