Thus, Germany and the other euro area countries should allow the broad-based crisis assistance to be phased out in a timely manner. In this context, it would not be advisable to extend the energy price brakes beyond the end of this year. Limiting budget deficits is also sensible in order to remain capable of action in a new crisis situation.
There is an element of investor demand and of new foreign buyers entering the market in Auckland, but these factors – at least as yet – are not as influential as they were back in 2003–07.