Opinion – Merkel pushes for 3-way “Jamaica” coalition in Germany – Reuters

Here’s an interesting article from Reuters. It’s worth a read.

Source: Merkel pushes for 3-way “Jamaica” coalition in Germany

Angela Merkel‘s next government promises to be very different from the last. Policies on migration, climate, tax, and Europe will be strongly contested before  the 3-way “Jamaica” coalition can come in effect in the new year. With a weaker political base in Germany, it will interesting to see whether Germany lets France take over the leadership of the EU. Of course, an effective counter to France would be the UK but will Merkel’s new Germany be bold in foreign policy?

Thoughts?

What to look out for from the European Central Bank meeting | Fox News

English: The European Central Bank. Notice a s...

English: The European Central Bank. Notice a sculpture of the euro sign. (Photo credit: Wikipedia)

This article from Fox World News is worth a read. It questions whether the European Central Bank should give another push to an economy that’s not rolling fast enough to raise excessively low inflation? It suggests that’s the question facing the bank’s 25-member governing council when it meets Thursday at its skyscraper headquarters in Frankfurt, Germany.

Source: What to look out for from the European Central Bank meeting | Fox News

Personally, I would like to see further stimulus from the ECB. With national elections in both Germany and France in 2017, additional financial stimulus would be welcomed.

Because of the Euro and the EU’s fiscal constraint policy, individual Eurozone countries cannot decide their own fiscal policies – this has damaged growth in Southern Europe and austerity has been the prevailing policy for too. One important lesson from Brexit is that voters feel passionately about both immigration and excessive austerity.

If I were a betting man, I’d go for more stimulus on Thursday from the ECB.

Thoughts?