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Germany 2020 — Part 1 – The difficulties of being an anchor of stability


One of Angela Merkel’s favourite — and most effective — claims is that the economy is “performing quite exceptionally, particularly so as this happens against the backdrop of the euro crisis”. And since external and fiscal surpluses are allowing the nation to enjoy record low unemployment with a high purchasing power, it comes as no surprise that most Germans will agree with her.

One of Angela Merkel’s favourite — and most effective — claims is that the economy is “performing quite exceptionally, particularly so as this happens against the backdrop of the euro crisis”. And since external and fiscal surpluses are allowing the nation to enjoy record low unemployment with a high purchasing power, it comes as no surprise that most Germans will agree with her.

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