Therefore, I would like to talk about the following two questions:  BIS Review 57/2010  1  1. Where does the German economy currently stand, now that tensions on the global financial markets have eased and the global economy is gradually recovering? 2.
What are the economic and fiscal policy challenges to which Germany has to respond in order to enhance the framework for economic growth? 2. Where do we stand? The German economy is clearly in the process of recovering from the deep downturn it experienced in the winter 2008/09.