Angela Merkel she seriously considering an exit of Greece from the eurozone?
In any case, the mention of such a scenario by Der Spiegel Sunday newspaper the single currency plunged to a low in eight years against the dollar on Monday. And if the fall of the euro reflects investor concerns about the ability of euro area economies to rebound, it is also the affairs of the countries of the Chancellor: Germany.
Fidel Peter Helmer, Hauck & Aufhauser private bank:
"Exporting countries are certainly glad of a weak euro because their products become cheaper for foreigners."
Exports are the traditional motor of the first EU economy. In 2013, they accounted for 46% of the German gross domestic product.
If France is their first destination, their second is none other than the United States.
A weak euro is likely to boost US demand for products made in Germany, and thus revive a German industry in decline. The drastic decline in the industry last summer production very nearly dropping Germany in recession.
The fall of the euro combines what is more than the price of oil. Consequence: pump prices lower, and therefore more disposable income to German households. What cheer to economists.
Jörg Krämer, Commerzbank AG:
"The combination of a weak euro and a cheaper oil drives the economy, which makes us think that the German economy could get out of stagnation from next summer."
Another beneficial effect of a weak euro: imported inflation.
Because the risk of deflation in the euro zone is accurate: in Germany, prices rose only 0.1% in December year on year.
The European Central Bank fears spiraling Japanese, which would see consumers defer purchases in anticipation of seeing prices fall further. His solution: QE - understand rotate the printing press. One option that Berlin considers too costly.
A Greek exit from the eurozone also very expensive
Germany, which holds no less than 65 billion euros of Greek debt.
If Berlin has denied claims Spiegel, one thing is sure: by lowering the euro, the rumor in his favor.
