When needs mustReport Date: 13th February, 2018
To remain as German Chancellor for another term, Angela Merkel has had to make serious concessions. The most important of these is a commitment to spend budget surpluses and to support the SPD’s pro-European agenda by converting the European Stability Mechanism into a European Monetary Fund. With labour markets tightening and higher fiscal spending on the horizon, growth should remain robust. This will support the euro and exert upward pressure on bund yields.
To read the full report - Login or SubscribeSUBSCRIBE