The Macroeconomic Imbalance Procedure and Germany: When is a surplus an “imbalance”?

Daniel Gros and Matthias Busse

CEPS Papers from Centre for European Policy Studies

Abstract: In this new Policy Brief, CEPS Director Daniel Gros argues that the 13 November announcement of the European Commission that Germany is running an excessive current account surplus appears to be much ado about little. All the Commission can, and will, do is to start an ‘in depth analysis’. This might lead to strong political reactions and an enormous echo in the media. But nothing of concrete substance is likely to follow.

Pages: 5 pages
Date: 2013-11
New Economics Papers: this item is included in nep-int
References: Add references at CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://www.ceps.eu/system/files/PB%20No%20301%20DG%20%2526%20MB%20on%20EIP.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.ceps.eu/system/files/PB%20No%20301%20DG%20%2526%20MB%20on%20EIP.pdf [301 Moved Permanently]--> https://www.ceps.eu/system/files/PB%20No%20301%20DG%20%2526%20MB%20on%20EIP.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eps:cepswp:8593

Access Statistics for this paper

More papers in CEPS Papers from Centre for European Policy Studies Contact information at EDIRC.
Bibliographic data for series maintained by Margarita Minkova ().