German spokeswoman Christiane Wirtz says that Germany sees no need for extra measures to boost growth. She’s responding to calls from French president Francois Hollande who said that the Germans should be doing more in driving up European growth. Wirtz responded … Continue reading
Germany sees no need to cut economic outlook due to Russian sanctions Will monitor economic sanctions impact closely Uncertainty weighed on German June industrial orders Russian army exercise not helping de-escalation A mix of German spokespersons popping up on Bloomers. … Continue reading
Head of Ifo (Information and Forschung (research) – a Munich-basedeconomic research institution), Hans-Werner Sinn, writing in a guest column for Wirtschaftswoche magazine says German economic growth will shrink towards zero in Q2 (from 0.8% Q1) due to the Ukraine crisis … Continue reading
but peace is more important Laudable sentiment from the vice-chancellor but the cynic in me still says they, and others, will err on the side of caution and not risk too much retribution
m/m +0.4% vs +0.2% prev The first of the German regionals ahead of the composite later Mixed readings still see EURUSD at 1.3405 ahead of barrier at 1.3400
Just caught up on a story from the Telegraph yesterday that says that Russian oligarchs are starting to get worried about European sanctions. According to Germany’s Der Spiegel, German intelligence has briefed its foreign affairs committee that sanctions are starting to cause … Continue reading
This was entirely expected but can it get any better for Angela Merkel? She also celebrated her 60th birthday this week. In a example of German efficiency, stamps commemorating the World Cup win went on sale Thursday.
I bet France are looking for more cooperation from Germany than the other way round German fin min Wolfgang Schaeuble met France’s fin min Michel Sapin in Berlin today