Germany continues a policy of fiscal consolidation amidst declining business confidence, according to economic data released on Tuesday, February 23rd.
The biggest economy in the Eurozone enjoys record low unemployment, a surging budget surplus, but decelerating growth and a declining business confidence.
Record government surplus
Germany’s government budget surplus was the biggest in absolute and relative terms since its reunification, according to the national statistical service. G...
This story is part of New Europe's Premium content.
|To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑|