German Trip Report: Economic and Political Uncertainties Are Rising

By Nouriel Roubini and Brunello Rosa

14 February 2018

In this paper we discuss:

• The slowdown in German economic activity in late 2018 – early 2019;
• The fiscal space available to offset the economic slowdown;
• The increased fragmentation of Germany’s political system and recent political developments;
• Germany’s position versus further European integration; and
• Implications for German sovereign bond yields.

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Download PDF: Germany Travel Notes – February 2019