Germany's current account surplus is undesirable even from a purely German viewpoint: the country would be better off if, for example, it ran a smaller primary surplus, in turn leading to a smaller current account surplus.
The Eurozone would be in better shape if fiscal policy were more expansionary, which would allow monetary policy to be slightly less so.
If there is a recession in the Eurozone, it will be essential to have a coordinated fiscal expansion.
The European Union goal of reaching net zero emissions of greenhouse gases by 2050 will be a major drag on economic growth.
Carbon taxes are a better way to implement climate policy than cap-and-trade.
A carbon border tax targeting imports from non-EU countries with less strict climate policies is likely to harm developing economies.
