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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

How a German sovereign wealth fund could help to rebalance the eurozone

Posted on 03 March 2014

Germany is on the dock, big time. In its 2013 ‘Alert Mechanism Report’ the European Commission announced that Germany jointly with Luxembourg would have to undergo a thorough review of its potentially disturbing high current account surplus.
The procedure is a legal necessity given that over the last three years Germany’s surplus has been above the critical level of 6% of its GDP. The Commission’s alert was preceded by a stern warning in a report to the US-Congress on international exchange rates in regards to the potentially deflationary impact of Germany’s current account surpluses………………………………………..Full Article: Source


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