Ifo’s Fuest: German coalition situation will slowdown Brexit
The German Ifo’s Head Clemens Fuest and Economist Wohlrabe addressed a press conference, following the release of the Ifo surveys, with the key headlines found below.
Ifo Head Fuest:
Influence on German economy limited.
German coalition situation will slow down Brexit.
Both a grand coalition or minority Govt could work.
Ifo Economist Wohlrabe:
German economy robust.
Broadly unaffected by political events at home or abroad.
ECB decision to reduce bond purchases appears not to have affected German business morale.