The state statistics agency has revealed that none other than old terror of debt crisis of Europe, and closure of eight nuclear plants, has made clients concerned about the market. Therefore, they are very conscious in investing large amount. This has resulted in the loss of Germany which has registered a week performance for the second quarter.

It was first time after 2009 debt crisis, that consumers has showed lack of trust in the market by spending 0.7% less. European Union members understand the fear, and henceforth, want to eliminate the fear which states that the European countries would not be able to pay back the debt they have taken.

EU members revealed that this fear has slowly started to make its effect outside the stock market and would soon catch hold the business sectors like expenditure and manufacturing.

Economists were aware of this fact and they estimated the growth of mere by 0.5%, but even they were not expecting the extent of fear as growth for the second quarter was only 0.1%. As said that the fear has started expanding and has resulted in the less consumption in private sector as well.

Germany’s first quarter growth was also slow, which also held responsible for this low.