.The almost 20% peak to trough fall has led to Germany’s already strong exporting machine to generate even greater exports.While the rest of the European countries like Spain,Greece and Portugal don’t really have the industry to benefit from Euro weakness,Germany has a massive industries to do so.
German Feed in Tariffs Cut Passes with Minor Change The German Solar Feed in Tariff Cut was finally passed after byzantine twists and turns over a 9 month period.The compromise worked out between the Upper and Lower Houses of German Parliament was finally passed.The new proposal gives a face saving moderation to the cuts over […]
The German Solar Feed in Tariff Reduction got another twist as the Upper House Bundesrat refused to pass the proposal into Law.This threw a spanner into the proposed 16% one time special reduction in Solar FIT which was supposed to be implemented from 1st of July.Note the Bundesrat does not have powers to block the […]
The German Solar Feed in Tariff cut scheduled for July 2010 has got another twist with the Upper House of German Parliament Bundesrat not passing the Law in its current form.The one-off German Feed in Tariff cut has seen enough twists and turns to make a person go giddy . It all started with the […]
A Chronology of the Greek Contagion 1) Markets get spooked by the Greek crisis ; IMF/EU Bailout deemed insufficient 2) European markets and risky assets take a might fall 3) Dow crashes 1000 points in 15 minutes 4) The European Bazooka is Unleashed with a lot of Fanfare;Merkel and Sarkozy declare “war” on speculators 5) […]
Merkel and Sarkozy Declared War on Euro Speculators 2 weeks ago when they unleashed a massive $1 trillion bailout for the debt ridden “Club Med’ countries of the European Union.However that War seems to have been decisively won by the “speculators” with the Euro almost 5% lower than when the “War” was declared.The Market is […]