Buba’s Weber rebuffs criticism of German surplus


Axel Weber, the president of the Bundesbank, on Tuesday hit out at critics of Germany's trade balance, arguing that expansionary fiscal policy to boost demand in the eurozone's surplus countries was a flawed notion.

In remarks in New York, Weber said stimulating demand in surplus countries in order to boost the export performance of deficit countries would not cure the eurozone's ills because trade flows within the currency union were diverse. "Given the current trade structure, an increase of 1

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: