Money markets are almost entirely free of exchange
The German financial and money markets are almost entirely free of exchange
controls. Indeed, transactions within the eurozone are for almost all practical
purposes identical to domestic transactions (statistical reporting requirements
being the main exception). Both local business and foreign entities may deposit
or borrow funds freely through the German banking system; thus, for example,
it is usually possible for a foreign investor choose the financing source for a
German investment from competing offers from different countries. His choice
can be based on taxation and other business considerations of real importance.
EU Forecast
euf:ba18e:43/nws-01