Gernot Nerb Quotes (6 Quotes)

there are fundamentally good reasons to cut interest rates.

Normally, it doesn't influence immediately the assessment. For industrial companies, the impact normally is rather delayed. They don't look so much at the interest rate.

High-tech industries are important for a country with high wages as Germany is, so there are good points which can be used for Germany as a whole. But of course it will be difficult to duplicate all the measures.

We can find all sorts of differences between Japan then and Europe now. But it's a lesson to us all to be on the safe side of an unknown before one acts.

I think we can say we have turned the corner. Investments are picking up, and consumers are starting to spend money.

In our opinion, we're close to the turning point. We can say that the economy is firming, and we can talk of the start of a recovery.