Our surplus, your problem: German success destabilizes the Euro

EPA/SVEN HOPPE

The president of the Ifo Institute for Economic Research Hans-Werner Sinn speaks during the institute's annual meeting in Munich, Germany, 12 June 2015

Our surplus, your problem: German success destabilizes the Euro


The German economy emanated mixed messages on Tuesday.

Good News (for Germany)

The Munich-based Ifo think-tank on released on Tuesday a report that indicated that quantitative easing, low-interest rates, and record low energy prices have benefitted German exports.

The German current account surplus is expected to surge to € 250 bn in 2015. This surplus is in excess of the 8% of the GDP – 8,4% to be precise – which means that Germany breaches the recommended threshold. Globally, Germany ...


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