The two-year breakeven rate has dropped to minus 0.45 percent for Germany from 1.04 percent last year. The figure has been in a negative since May. This is leading to experts speculating that Germany may be heading for a recession.

Both Puma SE and and Siemens AG have announced they are suffering from the European debt crisis with both sales and orders failing to meet expectations.

Find out more on the Bloomberg website.

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