Consumers in the 17 countries that share the euro continued to become less pessimistic in September, but with unemployment still close to record highs and wages growing more slowly than inflation, that is unlikely to herald a sharp pickup in spending.
September 21, 2013
September 20, 2013
Euro-Zone Wages Lag Inflation
Workers in some of the euro zone's hardest-hit economies suffered steep falls in pay in real terms in the second quarter, as earnings growth across the 17-nation currency bloc sank to a near three-year low.
September 19, 2013
Securing global economic security
Inflation is a significant factor of global economic security and has the innate capacity to upend carefully laid plans
Merkel Rejects Joint Euro Debt, Promises to Stay Hard Course
German Chancellor Angela Merkel told supporters she’ll stand as a bulwark against joint debt in the euro area if she’s re-elected in four days and continue to extract conditions from indebted nations.
September 18, 2013
French public debt to rise to 95.1 pct of GDP by end-2014: Report
PARIS: France's public sector debt will rise to 1.95 trillion euros by the end of 2014, or 95.1 percent of economic output, up from 93.4 percent of GDP this year, a media report said on Monday.
Subscribe to:
Posts (Atom)