Low inflation rate boosts purchasing power While the fall in energy prices is a good economic booster, the risk is that it gives eurozone leaders an excuse to carry on ignoring the real problems. Reader AlexIE had the right of … Continue reading
Says a temporary exit from the EX would be the easiest way for Greece to get out of this chaos “Unfortunately, the euro has put the European integration project at risk and unless we find methods to restore the competitiveness … Continue reading
Ah, yes but do they really want to use it ? And what are the repercussions for the Eurozone constitution down the road if they do ? Germany has sizeable space to boost public investment in growth This would make … Continue reading
Deja vu and in such a short space of time too. The earlier drop to 1.5680 from 1.5715 saw a rally back to from whence it came only now to run lower again to 1.5690 EURGBP back up to 0.7935 … Continue reading
Calls for deeper integration of Europe’s capital markets Demands for a government economic stimulus program in Germany are mistaken Mon pol can influence short-term demand but can’t give the answer to central challenge in euro area of the weak potential … Continue reading
Bbg reporting the EU Commission financial supremo but no further details at present as to his areas of particular concern Plenty enough to choose from Here we go priority is growth, jobs, investment Italy budget in danger of not complying … Continue reading
Q3 GDP final 0.7% vs 0.7% flash & 0.3% in Q2 q/q 1.9% vs 1.7% flash & 0.4% Q2 y/y September retail sales -0.9% vs +4.8% exp y/y. Prior 4.5% revised to 4.4% Despite the problems Greece still has one … Continue reading
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