German chancellor Merkel releasing the CDU/CSU election manifesto 3 July
- want full employment by 2025
- rules out mutualising EZ debt
- prepared to work with new French govt to develop EZ step by step such as creating a currency fund
- no new debt planned for next legislative period, no tax hikes
- pledges €15bln in tax cuts
Elections being held on the 24 September and the countdown now underway.
What? Another election I hear you say ? Let's hope it creates volatility at least to justify all the hot air.
EURUSD retreating to 1.1362 as USDCHF breaks up through 0.9620 amid renewed USD demand with USDJPY back up to 113.05
M&M -Rapping together to make a better EZ ?
