Recent accusations that Germany has “cooked the books” to downplay its current account surplus are wide of the mark. But the surplus is clearly very large and seems unlikely to narrow in the next couple of years. So the country will remain under international scrutiny and trade wars are a threat.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services