Good morning from Germany, where Keynesian fiscal policy has pushed debt ratio to 70% of GDP, +9ppts YoY. Compared to other countries, German economy is way more resilient to pandemic. In Cyprus, debt ratio has jumped 23ppts YoY, Italy’s 17.4ppts YoY, Greece’s 17.3ppts YoY.

by Holger Zschaepitz
Good morning from #Germany, where Keynesian fiscal policy has pushed debt ratio to 70% of GDP, +9ppts YoY. Compared to other countries, German economy is way more resilient to pandemic. In #Cyprus, debt ratio has jumped 23ppts YoY, #Italy’s 17.4ppts YoY, #Greece’s 17.3ppts YoY. https://t.co/wnB4qidd2L

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