Is German Fiscal Stimulus Like `Waiting for Godot?'

The video discusses Mario Draghi's legacy in stabilizing the eurozone and the ongoing challenges in European fiscal policy. It highlights the need for coordinated fiscal policy, the political complexities involved, and the role of the new ECB chair, Christine Lagarde. The discussion also touches on Germany's reluctance to adopt active fiscal policies and the lack of mechanisms to enforce fiscal actions within the European Union.

In what ways can the European monetary union be affected by the lack of fiscal coordination?

What are the implications of Germany's reluctance to adopt fiscal policy changes?