Merkelnomics
Comments on the German and European economy.
Wednesday, May 29, 2013
The Commission's half-hearted balancing act
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Yesterday’s announcements show that austerity will not be stopped in the Eurozone. Only the pace will be slowed down. It was supposed to ...
German labour market remains stable in May
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Hanging loose? German unemployment dropped by a non-seasonally adjusted 83,400 in May, bringing the total number of unemployed to 2.937 mill...
Friday, May 24, 2013
Ifo points to growth acceleration in Germany
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The day ahead of the all-German soccer Champions League final looks like an all-German macro day. Third important data released this morni...
Thursday, May 23, 2013
Spending the recession away
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The second estimate of the statistical office confirmed that the German economy avoided a technical recession (of two consecutive negative...
Tuesday, May 14, 2013
German economy leaves contraction, but only barely
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The German statistical office just released its first estimate of 1Q GDP growth, showing that the economy has left contractionary territor...
ZEW worse than expected but still positive
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Turning the tide? After a batch with worsening sentiment indicators over the last months, today’s ZEW index provides first tender evidence...
Die Rueckkehr des Dicken?
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