German chancellor Angela Merkel is eyeing measures to bolster domestic demand, with her coalition partners she discussed easing the flow of private investments possibly targeting renewable energy and expanding the country’s digital network in order to avoid looming recession.
The German leader is not known to be averse to stimulus in the past. In the midst of the global financial crisis in 2009, Merkel’s first government pushed through a stimulus package of 115 billion euros, an assistance program that kept workers on companies’ payrolls while putting in fewer work hours until the economy rebounded.
These could add up as the world awaits the ECB’s decision to launch its next monetary policy measures for the duration of 2 years and the size of the policy and the style and which it will take shape could be boom or bust for traders and investors alike.
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