i am really looking forward to this interview. let's bring in bob parker, a senior advisor at credit sweeps. two weeks ago, mario draghi has a lot to think about. s, what answern would you want to hear? what extent is he concerned about the german economy weakening since last november-december? but the example find last number that we had. clearly, the german economy started to slow down at the end of last year. we have seen a downturn in consumption, and exports. seen a downturn in investment spending. before, i was fairly confident. by the second quarter of this year we could see german growth boosted by a weaker euro, boosted by weaker commodity prices. we could have seen improvement to about 2% annualized growth. i think that is now delayed until the end of this year.