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‘A Brexit would be a huge blow for Europe and an even bigger one for the UK economy’“As the Germans say: ‘Wir schaffen das schon.’ The flow of immigrants may have a positive impact on economic growth in Germany. Initial estimates are 0.2%, but the real effect will be significantly greater. Helping these refugees into work is the best solution, even though this will increase pressure at the bottom end of the labor market, of course.” Cornelissen is more worried about the UK’s in/out referendum. “Cameron will likely want to hold this in the spring of 2016 – to be well ahead of the Bundestag elections in Germany and the French presidential elections. “
‘The stabilizing oil price will silence the deflation hysteria’Deflation hysteria ebbing away
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