![Central Banking](https://www.centralbanking.com/sites/default/files/styles/print_logo/public/2017-03/print-logo.png?itok=_maJqRIT)
Buba’s Weber rebuffs criticism of German surplus
![weber weber](/sites/default/files/styles/landscape_750_463/public/import/IMG/254/85254/weber-580x358.jpg.webp?itok=xpVmRoxT)
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
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- BoE reserves framework drawn into political arena
- How the Czech National Bank brought inflation down from 18% to 2% in two years
- ECB appoints three senior officials to supervisory board