The Founding Conference „The Euro – Which Way to Go?“addressed a unique networking occasion for 200 top economists and representatives of institutions and media, headed by German ifo Institute.
Brussels, 9 November 2017 – Economic growth in many euro area countries is fairly closely aligned, while unemployment figures tend to vary more, according to the latest calculations by the EconPol Europe research network.
Germany’s Current Account Surplus Does Not Harm Other Countries But Germany Is Nevertheless Breaking EU Rules and Should Try to Stimulate Private Investment by Reforming Corporate Taxation
Criticism of Germany’s current account surplus is overblown. The surplus is having no negative impact on other countries or on Germany itself, according to the results of a recent ifo study for the new research network EconPol Europe. Higher demand from Germany may help countries suffering from unemployment, but a lower surplus would boost interest rates due to lower capital outflows and would negatively impact countries with high debts as a result.