Germany has had a triple dose of bad economic news in the last two days. Industrial production tumbled 0.9% in June from May, slightly more than expected. Factory orders dropped 1.7% in June from a month earlier, twice as much as the consensus forecast. And June exports fell 1.5% in May, more than the expected 1.3%. But Gilles Moec, co-head of European economic research at Deutsche Bank, points out that Germany's difficulties may make it easier for the European Central Bank (ECB) to act boldly. The ECB is freer to pursue its all-out rescue plan for the euro zone.