Merkel Says Euro's Rise Set to Impact Germany's Trade Surplus
- Chancellor calls on Turkey to release jailed German citizens
- Merkel defends refugee policies during summer press conference
Why the Euro Is Driving Higher
This article is for subscribers only.
Chancellor Angela Merkel said the rising euro is almost certain to have an impact on exports and that she’s not too concerned about Germany’s trade surplus with other countries.
“Personally, I don’t view the trade surplus as so dramatic,” Merkel told reporters in Berlin. “But if the trade surplus should now shrink, then that would be one of those developments that’s really out of our hands.”