When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
SPEU - It's Finally Time For German Fiscal Stimulus
SPDR® Portfolio Europe ETF
September 30, 2019 - As long as the German economy was doing well, as it was during the recovery from the 2008 global financial crisis, there existed a coherent rationale for German fiscal austerity. The national commitment to budget discipline was enshrined in the 2009 "debt brake," which limits the federal structural deficit to 0.35% of GDP, and by the 2011 "schwarze Null" (that is, "black zero") policy of fully balancing the budget. Indeed, Angela Merkel's government proudly achieved a balanced budget in 2012 and surpluses in 2014-18.
With unemployment low and growth relatively strong,