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German current account surplus to decline

Mar. 23, 2017 4:48 AM ETEWG, GF, EWGS, GGOV, FGM, DBGR, DXGE, HEWG, QDEU, DAXBy: Yoel Minkoff, SA News Editor2 Comments
  • Germany's large current account surplus is the result of the competitiveness and the government has no influence over it, the finance ministry said in a report, adding that the surplus will shrink in the near future.
  • Europe's largest economy has been under fire for its huge current account and surpluses for years, but the Trump administration recently stepped up criticism, accusing it of unfairly benefiting from weak currencies at America's expense.
  • ETFs: EWG, DAX, GF, DXGE, DBGR, HEWG, EWGS, FGM, GGOV, QDEU

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