The Italians have come up with a number of ideas concerning their country's economic future. Among other things, they're asking for debt forgiveness. ING Diba Chief Economist Carsten Brzeski tells DW what he thinks about it.
"The German economy rises and falls with China." Bankers are generally not known for their hyperbole, but the words of Jörg Krämer of Commerzbank, speak to a truth that appears increasingly evident.
With a euroskeptic government coalition likely to take over the reins in Italy, fears are mounting that the problems in the eurozone's third-largest economy will only get worse. Financial markets are already jittery.
Over nearly 10 years, the world economy has been growing by a moderate but steady clip. In 2019 though, risks such as Brexit, trade wars and higher interest rates could spell the end to an unprecedented economic boom.
ECB governors have signalled greater confidence in the eurozone economy following a meeting of the central bank's rate-setting council. Policymakers dropped language of boosting the ECB's massive bond-buying program.
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