Merkelnomics
Comments on the German and European economy.
Tuesday, December 20, 2011
Faltering but not falling
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German Economic Quarterly 1Q12 The debt crisis has finally reached the German economy. Strong fundamentals, however, should prevent the econ...
Thursday, December 8, 2011
ECB meeting - Lender of last resort, but not for governments
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The ECB cut interest rates by 25bp, lowering the refi rate to 1.0%. Within a month time, the new ECB president Mario Draghi has eradicated t...
Wednesday, December 7, 2011
Under pressure
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Onder druk kan veel gebeuren. David Bowie en Queen hebben er 30 jaar geleden al over gezongen. Onder druk gaan mensen op straat. Onder druk ...
Tuesday, December 6, 2011
German IP rebounds in October
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German industrial production increased by 0.8% MoM in October, from a 2.8% drop in September. On the year, industrial production is up by mo...
Monday, December 5, 2011
Merkozy take headstart in week of truth
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At their preparatory meeting, German chancellor Merkel and French president Sarkozy just announced their common position for this week’s EU ...
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...
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