#Weidmann tag-teams w/Schaeuble at IMF mtg: “In order to create sustainable growth there’s little use in setting off an economic flash fire”
#AfD’s Lucke responds to #Schaeuble jibes: “We regret that the finance minister, in his old age, can’t seem to keep his composure”
A rather stunning 5.8 pct drop in #German exports in August. Sharpest fall since Jan 2009 (though summer vacation effects played a role)
BERLIN (Reuters) – The last thing the faltering European economy would appear to need right now is a sudden downturn in Germany, hitherto the bloc’s pillar of strength.
But a bout of German weakness may be precisely what is required to convince Angela Merkel to loosen the fiscal reins at home and provide Europe with a dose of stimulus that struggling states like France and Italy have long been seeking.