Europe's economies face downturn
This is a Germany news story, published by CNBC, that relates primarily to David Roche news.
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German economyCNBC
•Europe careens toward a downturn as its biggest economies fight crises at home
86% Informative
Business activity in manufacturing and services industries in both countries showed further declines in September .
In Germany , the HCOB flash composite purchasing manager's index ( PMI ) fell to a seven-month low.
In France , meanwhile, the composite PMI hit an eight-month -low of 47.4 in September , down from 53.1 in August .
Germany 's downturn is not new, with the country's once-booming export-orientated economy flirting with recession for well over a year now.
Analysts believe the Barnier-led government is unlikely to last beyond a year .
The far-right also poses a threat in Germany , with the Alternative for Germany party performing well in recent state elections.
Political paralysis now has both France and Germany by the throat, says David Roche .
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