September 5, 2019 / 9:25 AM / 3 months ago

Goldman Sachs CFO says Germany in 'early days of a slowdown': CNBC

The logo of Goldman Sachs is displayed in their office located in Sydney, Australia, May 18, 2016. REUTERS/David Gray/Files

(Reuters) - Goldman Sachs Chief Financial Officer Stephen Scherr said on Thursday that the Germany economy is in the “early days of a slowdown”.

“We are in the early days of a slowdown. I think that, you know, many of us and many economists can point to particular issues, whether it’s the automotive sector or the China trade issue that weigh on the German economy”, Scherr told CNBC in an interview held in Frankfurt.

Reporting by Kanishka Singh in Bengaluru; Editing by Alison Williams

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