Euro Crisis Starts to Bite German Export Orders Fell Sharply in August

German exporters suffered their biggest drop in international orders in more than three years in August, according to a survey released on Monday. Retailers too are starting to feel the impact of the euro crisis. Europe's largest economy, it seems, is losing its immunity to Europe's debt problems.
An engineer assembling a railway crane made by Kirow Ardel. Demand for German industrial goods is declining.

An engineer assembling a railway crane made by Kirow Ardel. Demand for German industrial goods is declining.

Foto: Jan Woitas/ dpa
cro -- with wire reports
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