A breach in the eurozone dam?

Are there cracks in the Dutch and German economies?

While all eyes have been on the European periphery, has the core been cracking? The Bundesbank has lowered its forecast for Germany’s annual gross domestic product (GDP) growth in 2013 to 0.4%. The central bank of the Netherlands expects Dutch GDP to shrink by 0.5% this year – and to contract further in 2014.

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