Merkelnomics
Comments on the German and European economy.
Wednesday, November 30, 2011
Compulsory exercise
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Eurozone finance ministers’ agreement on the leverage options for the EFSF did not bring any surprises. The work is not over, yet. Eurozone ...
Friday, November 25, 2011
Frau Nein? No, it is Ms Conditionality
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Yesterday’s meeting with Sarkozy and Monti did not change German chancellor Merkel’s mind. She remains opposed to Eurobonds. Merkozy has tur...
Thursday, November 24, 2011
Ifo surprises in November
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Last crisis antagonist? Today’s Ifo index illustrates that German crisis resistance is stronger than expected. In November, the Ifo index in...
Last golden memories?
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Golden memories. Today’s second estimate of German 3Q GDP growth confirmed an excellent growth performance. The German economy grew by 0.5% ...
Monday, November 21, 2011
Eurobonds - next try
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The European Commission looks determined to come up with a next attempt for a common Eurobond. It is still a long shot and will not alleviat...
Monday, November 14, 2011
Last sign of crisis resistance – German GDP grew 0.5 in 3Q
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The last sign of crisis resistance. According to the first estimate of the German statistical agency, the Eurozone’s largest economy enjoyed...
1 comment:
ECB remains involuntary fire brigade in euro crisis
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Thread packing? The ECB continues its role of euro crisis fire brigade but only at half speed. According to its latest press statement, the ...
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