In these critical times funds are limited and we must have a serious debate on every expense — including military expenses
The coronavirus crisis could lead to greater diversification in German supply chains. This is a particularly good idea for sensitive imports such as medical goods, since delivery failures here can have drastic consequences, states a recent article by Rahel Aichele, Martin Braml, and Lisandra Flach for ifo Schnelldienst.
The recent controversial ruling against the European Central Bank by Germany’s Federal Constitutional Court could not have come at a worse time. But it was a necessary reminder that the EU is a community based on the rule of law, and that only its sovereign member states can develop it further.
Given the many flaws in the controversial ruling by Germany’s Federal Constitutional Court against the European Central Bank, it is tempting to dismiss the decision as yet another instance of German obstructionism. But either through persuasion or reform, Germany’s longstanding complaints will have to be addressed.
Marcel Fratzscher, a former senior manager at the European Central Bank, is President of the think tank DIW Berlin and Professor of Macroeconomics and Finance at Humboldt University of Berlin.
In a new ruling, Germany’s highest court has threatened to throw a wrench into the European Central Bank’s efforts to extend liquidity and other forms of assistance to distressed eurozone governments. Coming amid a deep economic crisis, the court’s decision could force one or more countries to crash out of the monetary union.
Willem H. Buiter, a former chief economist at Citigroup, is a visiting professor at Columbia University.
The grand coalition will continue to be a kind of caretaker government in its lack of a big foreign policy vision.
The resignation of Annegret Kramp-Karrenbauer, the leader of Germany’s Christian Democratic Union and Chancellor Angela Merkel’s designated successor, has plunged the party into crisis and raised fresh doubts about the survival of the country’s ruling coalition. The biggest beneficiaries of the current chaos may well be the Greens.
Carolin Roth is a freelance anchor and reporter for CNBC
Invité de BFM Business, Thierry de Montbrial, président fondateur de l’Institut français des relations internationales (IFRI), estime que la situation politique outre-Rhin s’aggrave. Il revient sur la crise politique en Allemagne avec la démission d’ Annegret Kramp-Karrenbauer, sur les primaires démocrates aux États-Unis ainsi que sur les conséquances du coronavirus en Chine.