Arnaud Montebourg refutes the German government calls that the exchange rate is not a matter for politics saying that political leaders in the eurozone had the right and responsibility to assess what was its appropriate level. “The whole issue of … Continue reading
Yesterday we got the news via Handelsblatt and that’s been confirmed today. 2014 GDP estimated at 1.9%, 2015 2.0% CPI 1.8% 2015 Current account surplus for 2014 7.9% of GDP ECB to maintain 0.25% interest rate until end of 2015
Germany can’t afford more social spending Tired of being told Germany has leeway to spend Euro region has emerged from recession Greece is on better track than forecasts Here’s one country that has a vested interest in Greece healing. Wolfgang … Continue reading
The little spat between the IMF and ECB continues. Reuters cites a ‘senior German govt source’ saying they will tell the IMF why Germany has no signs of deflation and no fears of deflation.
Domestic demand is main pillar of German growth As we’re finding out in the UK, while domestic growth is a very important foundation it will only get you so far.
Handelsblatt report: Germany aims to lower debt/GDP ration to below 60% within 10 years – Via Bloomberg headline – The Handelsblatt is a German language business newspaper