Merkelnomics
Comments on the German and European economy.
Monday, January 23, 2012
Letter from Brussels – Große Worte, kleine Taten
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Autsch. Den Aufschrei aus dem Pariser Elysee-Palast konnte man bis nach Brüssel hören. Der Verlust des AAA Ratings der Grande Nation hat Prä...
Wednesday, January 18, 2012
German ZEW continues rebound
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Leaving the bottom behind? The German ZEW index increased in January, for the second months in a row. The ZEW index, which measures investor...
Thursday, January 12, 2012
ECB takes a breather
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After two consecutive rate cuts in November and December, the ECB today kept interest rates unchanged. In the Q&A session after the meet...
Wednesday, January 11, 2012
Koning van Duitsland
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Duitsers houden van blauw bloed. Geen tabloid zonder koninklijke verhalen, en grote koninklijke huwelijken halen op televisie bijna net zo h...
Monday, January 9, 2012
German economy cooling but without falling into cold rigour
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Growth pause. German industrial production dropped by 0.6% MoM in November, from an 0.8% increase in October. On the year, industrial produc...
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...
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