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...German media was largely preoccupied with the possible negative impacts of the election for the Brexit process. Brexit fears Although the campaign proved more exciting than anyone could have anticipated, the European media was wearily resigned to two possible outcomes. If, in spite of a disastrous campaign, May secured a narrow victory, the Brexit negotiations would be...

...German levels, and the institutional Maastricht criteria and their domestic responses that introduced deflationary incomes policies in all prospective eurozone members). A small mutual adjustment between Germany and Italy would, in that context, hardly register on the map of German exports. I explained the basic mechanism underlying that in a EUROPP blog post over six...