states that used the euro let's go over to frankfurt to our financial correspondent ali batts ali how bad are the numbers are we talking about. a blip a dip or something more serious. well it certainly is a dip i don't know if it's a blip i think it's a trend that's too serious for that and there are a lot of economists that are predicting a less growth this year than last not least because of course rising raw materials prices but also because of the possible fears of the effects of protectionist policies mostly emanating from the white house and the president on the trunk and the e.c.b. has already warned about other economists as well so it doesn't really come as a surprise to the people who observe these developments very closely and so these people i include the people in the financial markets and the reaction here was practically not a reaction the docks for the german trend went down just a little bit but it's recovered sense and it's going up quite nicely. people hope