Looks like the Christmas jokes have started early.
Bundesbank President Jens Weidmann in Le Figaro newspaper: Says the European Commission’s decision to give France longer to prove it is serious about economic reform and fixing its excessive public deficit risks damaging the credibility of the bloc’s budget rules … Continue reading
Germany, Italy and the UK saw their leading indicators slip in October while France managed to gain a pip. They warned that there is a loss of growth momentum in the UK, Germany and Italy while stability is seen in … Continue reading
EU’s Dijsselbloem is laying the smack down on France by saying that sanctions are one of the options that can be imposed on France if they fail to meet budget targets. The EU is well known for acting tough on … Continue reading
You know what Europe needs right now? Of course, it’s a blanket tax program on financials. You get the tax up and running boys and we’ll be take welcome the extra business with open arms over here in the UK. Schaeuble … Continue reading
Market estimates are for 0.9% Just a headline so far from BBG and no further commentary from S&P Update: Here’s the blurb from S&P Sees 2014 GDP at 0.4% from 0.5% 2015 0.7% from 1.1% prior 2016 1.2% from 1.6% … Continue reading