Germany's current-account surplus is partly to blame for eurozone stagnation

With Germany unwilling to spend, it is up to ECB president Mario Draghi to devalue the currency for a much-needed boost.

While the rest of the world recovers from the great recession of 2008-2009, Europe is stagnating. Eurozone growth is expected to be 1.7% next year. What can be done about it?...

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