So no one is held responsible? Germany will be left holding the bag?
That's the calculus. But its fiscal situation is getting worse. They reported a 5% reduction of taxes in March YoY
reply
Does the years taxes finish in march? It could just be a slow quarter. It might pick up.
reply
No it follows the calender. But we'll have to wait as the german econ stays flat
reply
Its only the first quarter. It could always pick up...if it doesnt then we know we (the world) are in trouble.
reply