Natixis - What will Germany do if the deterioration in its economic situation is permanent?

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Natixis

Patrick Artus

What will Germany do if the deterioration in its economic situation is permanent?

Germany's economic situation has deteriorated markedly in the recent period, and there is reason to think that this deterioration will last. How could Germany then react to this situation? If we look at what happened in Germany in the early 2000s, also amid a pronounced deterioration in the German economy, Germany might now: Abandon its fiscal austerity and switch to an expansionary fiscal policy; Conduct non-cooperative policies against the other euro-zone countries: reduction in labour costs, tax competition.

16/06/2019 5 EN

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Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

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Patrick Artus

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What will Germany do if the deterioration in its economic situation is permanent?

Section 899: A tool to increase revenue or to change foreign tax policy?

ECB Takes Summer Pause to Preserve Monetary Policy Flexibility

La BCE en pause estivale afin de garder « l’optionalité » de sa politique

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