Merkelnomics
Comments on the German and European economy.
Monday, February 27, 2012
Lender of last resort for financial sector but not yet for economy
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The latest monetary data for the Eurozone reflect some revival of lending, particularly to households, but the risk of a credit crunch still...
Thursday, February 23, 2012
German Ifo defies recession fears
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Did anyone say recession? Today’s Ifo index provides further evidence that the German economy only made a short stopover at the end of last ...
Tuesday, February 21, 2012
It looks like a deal, it walks like a deal, it is almost a deal.
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Last night’s Eurogroup meeting has paved the way for a second Greek bailout but the crisis marathon is not over. A marathon meeting in the n...
Thursday, February 16, 2012
Bailout 2.0 - almost there?
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Yesterday’s Eurogroup conference call did not deliver any results. Next stop for the Eurozone crisis talks is Monday. It will probably not b...
Wednesday, February 15, 2012
German economy takes a growth pause
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Growth pause. As expected, the German economy contracted for the first time since the end of the recession in 4Q 2011. According to a first ...
Thursday, February 9, 2012
Der Griechenland-Nachrichten-Generator
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http://www.titanic-magazin.de/news.html?&tx_ttnews[tt_news]=4746&cHash=a194bf9e98be684c21a864b7de3ebdd2
ECB keeps powder dry
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The ECB left interest rates unchanged at today’s meeting, somewhat weakened its easening bias and still refrains from an active role in a Gr...
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