Balanced budget could be reached from 2014 Maastricht debt level will be 80% of GDP this year Expects public debt-GDP ratio to continuously fall through 2015 to around 71% of GDP Current financial market turmoil could further dampen consumer demand … Continue reading
That’ll rattle a few cages after the o/n talk and threats of a coalition breakdown.
Much weaker than median forecast of +0.5% Holy smokes!!! German stats office says brakes on growth came from overall trade balance, consumption and construction investment. When I awoke this morning first thing I heard on the radio was George Soros … Continue reading
German export boom coming to an end, not clear if domestic demand can compensate in terms of growth Crikey, slowing German economy. Just what the euro zone needs right about now
Same as prelim data, as expected.
Weaker than Reuters median forecast of 13.0 bln. Exports down -1.2% m/m, imports up +0.3% m/m
Domestic demand currently strong, outlook for industry orders remains positive
Reuters consensus was -0.5%
Italy, Spain were not topics of discussion at Wednesday’s cabinet meeting German economic growth outlook remains generally very positive