Slumping exports sent Germany’s economy into reverse in the second quarter, with prospects of an early recovery slim as its manufacturers struggle at the sharp end of a global slowdown amplified by tariff conflicts and the fallout from Brexit.
Sinn Féin has warned a collapse of the powersharing institutions at Stormont is an option if First Minister Arlene Foster refuses to stand down to allow a probe into her handling of a botched green energy scheme.
Bavarian allies cranked up pressure on German Chancellor Angela Merkel yesterday to reverse her “open-door” refugee policy, saying the deadly attacks in Paris underlined the need for tougher measures to control the influx of migrants.
The weekend suggestion from Simon Harris, the junior finance minister, that income tax should be cut adds momentum to statements made by senior cabinet ministers Michael Noonan and Simon Coveney. If that expectation is not met, then the political consequences will be severe.