Macro Hive Conversations With Bilal Hafeez cover image

Wolfgang Münchau on Germany’s Political Risks, Fiscal Stimulus and Euro Instability

Macro Hive Conversations With Bilal Hafeez

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Germany's COVID-19 Response: Politics and Challenges

This chapter critically analyzes Germany's management of the COVID-19 pandemic, highlighting initial successes that gave way to mismanagement marked by corruption and public discontent. It discusses the political ramifications of pandemic responses, including trust erosion in the CDU party and challenges around vaccination strategy and lockdown measures. Additionally, the chapter explores the economic implications of the European Recovery Fund and the constraints posed by German constitutional law on fiscal policy.

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