• BBK: “Euro fall has helped price competitiveness of firms in EMU”

Market news

23 May 2012

BBK: “Euro fall has helped price competitiveness of firms in EMU”

 

  • Germany's 2012 fed net borrowing likely under planned E34.8 bln;

  • Germany's deficit/GDP ratio to fall only slightly in 2012;
  • Germany's deficit/GDP ratio to remain roughly unch in 2013;
  • Germany must not give in to calls to relax consolidation.
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