Germany

Trade war can have collateral damage in Europe

Why Many Germans Hope Trump Will Lose

Tilman Pradt (Atlantic Sentinel) | Donald Trump bashing Germany is hardly surprising. It has been a constant of his presidency. The once-special partnership between Germany and the United States, which already lost some of its luster in the decades after the Cold War, sunk to a post-World War II low during his administration. Nor is Trump mistaken. Most Germans want to see him gone — with reason.


Apologies Or Reparations?

Donato Ndongo-Bidyogo | Tanzania also wants reparations from Germany for the atrocities carried out between 1905 and 1907. “Other countries have been compensated for war crimes. Why not us?, said MP Cosato Chumi. ​Berlin acknowledges the genocide but it doesn’t want to pay reparations and it is trying to agree some formal apology with Windhoek (Namibia). Ruprecht Polenz, the German negotiator says genocide does not imply reparations, only political and moral redress. In Dodoma (Tanzania), the German Foreign Minister Heiko Maas proposed “forms of mutual support” other than “compensation.” Given the concern of other former empires and the necessary paradigm shift in Euro-African relations, Merkel is in two minds about opening this Pandora’s box. 


Germany Considers Relaxing Fiscal Orthodoxy

Banca March | German Finance Minister Olaf Scholz is considering temporarily lifting the suspension of the country’s debt limit in what would be a major change in the fiscal policy of Europe’s leading econom.


Germany, today, is dependent on China

Germany, Today, Is Dependent On China

The world has changed a lot because China has changed a lot. China’s share of global GDP has risen from a negligible 2% in 1990 to 15.9%. Meanwhile, the other powers have fallen in that period: Japan, from 14 to 5.8%; Europe, from 35% to 21.9%; and the USA, from 27% to 23.9%, according to Weltbank data.  So hundreds of thousands of jobs in Germany are now dependent on China. And all over the world, because China today accounts for 1/3 of world growth.


Germany, today, is dependent on China

Germany Cycle: Stabilisation At Low Levels Provides Little Comfort

Gilles Moëc (Axa Investments Manager)| Those who like to see their glass half full probably took comfort in the fact that in Germany the manufacturing Purchasing Managers Index rebounded by 0.2 pp in October relative to September, but this was again short of expectations and the absolute level remains very concerning.





Peter Bofinger

“Germany benefits from the euro, but acts as if it doesn’t exist

“In principal, the euro is a good idea. The aim is to create a big economic space without any monetary barriers, like the US. But a common space implies that member states are prepared to take each other into consideration as far as their economic, financial and wage policies are concerned,” says Peter Bofinger, one of the five ‘wise men’ who make up the German Council of Economic Experts.