IMF (International Monetary Fund)

Something shifting in German fiscal state, US and European monetary policy roundtable

Something shifting in German fiscal state, US and European monetary policy roundtable

Tuesday 27 August 2019  Vol.10 Ed.35.1

Commentary: Something shifting in German fiscal state

By David Marsh in Berlin

Several factors are pushing Germany towards jettisoning its long-cherished ‘schwarze Null’ (black zero) commitment to balanced federal budgets. Realisation has been a long time coming. Germany’s economic partners and rivals, as well as the International Monetary Fund and Organisation for Economic...

http://www.allaboutshipping.co.uk/2019/08/27/something-shifting-in-german-fiscal-state-us-and-european-monetary-policy-roundtable/

Euro will not survive if Italy fails, Assessing a decade of QE

Commentary: Euro will not survive if Italy fails

By Desmond Lachman in Washington

An Italian debt default would trigger a European banking crisis with global economic and financial market ramifications. Italy is the euro area’s third largest economy. If it fails, the single currency cannot survive. It is also too costly for its European partners to save. However, the country’s new populist government is engaging in wishful thinking that somehow the country will grow its way out of its debt...

http://www.allaboutshipping.co.uk/2018/10/09/euro-will-not-survive-if-italy-fails-assessing-a-decade-of-qe/

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