German finance ministry see good data, but warn of clouded outlook

Author: Eamonn Sheridan | Category: News

Reuters highlighting some aspects of the German Finance Ministry's monthly report:

  • Outlook clouded by threat of protectionism, outcome of major elections, course of Brexit negotiations
  • German economy on the up, data points to pickup of economic activity in first three months of 2017
  • German tax revenues rose 6.8 pct y/y in Q1, more than double full-year projection of 2.9 pct

A reasonable and blunt assessment.

  • Economic data good.
  • Politicians can **** it up.

I think that's called an 'evergreen' opinion.