
German rebalancing—out of exit options
The consensus against German fiscal rebalancing is cracking—because the export demand which allowed it long to be avoided is looking shaky.
Author profile
Pálma Polyák is a PhD candidate at the Scuola Normale Superiore in Florence. She is working on the domestic and global politics of export reliance and current-account surpluses, focusing on the eurozone's surplus countries.

The consensus against German fiscal rebalancing is cracking—because the export demand which allowed it long to be avoided is looking shaky.