Merkelnomics
Comments on the German and European economy.
Thursday, November 29, 2012
German unemployment rate unchanged in November
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German unemployment dropped by a non-seasonally adjusted 1,900 in November, bringing the number of unemployed down to the lowest level since...
Wednesday, November 28, 2012
Eurozone rebalancing in one chart
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Monday, November 26, 2012
Eurogroup decides on Greek fudge
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Eurozone finance ministers finally agreed on measures to grant Greece two additional years for austerity and structural reforms. These measu...
Friday, November 23, 2012
German economy remains crisis-denier
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Today’s GDP and Ifo readings have given some food for thought on the growth prospects of the German economy. The second estimate of the s...
Wednesday, November 21, 2012
Eurozone - Haste makes waste
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Eurozone finance ministers have a strong affinity for cliff-hangers. Last night’s almost twelve-hour meeting did not bring any conclusion on...
Wednesday, November 14, 2012
The crisis-denier - German GDP up 0.2% QoQ in 3Q
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The crisis-denier. According to a first estimate of the statistical office, the German economy once again defied all swan songs. Eurozone...
Monday, November 12, 2012
Eurozone - Two more years
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Last night’s Eurogroup meeting paved the way for Greece to stay in the Eurozone. Ministers decided on two additional adjustment years for...
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