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Yes, we are still close to deflation in Europe
Yes, we are still close to deflation in Europe Germany around 1% in the core inflation, ditto Eurozone average, PIIGS are very close to 0%. Well, core inflation for Finland and Austria seems to be...
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‘Manufacturing Europe’s future’
This Bruegel Institute publication is very interesting. I still have to read most of it but since the value-added in manufacturing is much higher than in services (in general), it seems quite a good...
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‘Why should Germany reduce its current-account surplus?’
‘Why should Germany reduce its current-account surplus?’ ‘Bruegel scholar Zsolt Darvas explains the pressure on Germany to lift internal demand on the day that the European Commission will present its...
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Bruegel – Is there a deflation risk in the Eurozone?
This very detailed post by Bruegel offers a thorough look at the question whether or not there is deflation looming in the Eurozone. The conclusion is that the situation looks worrying. Today, Eurozone...
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Austerity in the Netherlands and Italy
UPDATE: the title of today’s Wolfgang Munchau’s article sums up nicely also this post of mine: If Europe insists on sticking to rules, recovery will be a dream This new Bruegel post is dense reading,...
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