'The results indicate that the annual total monetary value of this benefit grew from about $20 billion in 1961 to over $160 billion by 2011, amounting to a total sum of $3.5 trillion over the 50-year period 1961-2011.
New York Times Europe's economic rules The Economist It sounds the alert if, for example, a country runs a deficit above 4% of GDP on average for three years; or if it runs a surplus exceeding 6% of GDP—as with Germany, whose surplus averaged 6.5%...
Germany remains wedded to free markets despite the numerous obvious market failures in the energy sector. The solutions proposed will have to be market-based (however defined) if they are to be taken seriously.
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