360° Coverage : National Olympics 2012 News: Eurozone slides back into recession

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National Olympics 2012 News: Eurozone slides back into recession

Source: Liverpool Echo, Nov 15 2012, 1:05pm CST

The 17-country eurozone economy is back in recession. Eurostat, the EU's statistics office, says the eurozone economy contracted by 0.1% in the July to September period from the quarter before. That follows on from the 0.2% decline rec ...

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10

7 hours ago

Europe May Finally Be In A Position To Surprise Economists To The Upside

Source: The Business Insider  |   May 25 2013, 7:10am CDT

NOTE: This post was originally published on Friday, May 24. This may be an unpopular suggestion, but those with a contrarian view of the world will surely appreciate the logic here. The chart below from Goldman shows the consensus economic forecast ...

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9

10 hours ago

Global Economy Sluggish

Source: Iran Daily  |   May 25 2013, 3:38am CDT

From Page 1 It stated that the global economy is expected to grow at 2.4 percent in 2013 and 3.2 percent in 2014. With existing policies and growth trends, it added, it may take at least another five years for Europe and the United S ...

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Update
8

15 hours ago

Paul Krugman’s Flagrant ‘Austerity’ Double Standard

Source: Newsbusters  |   May 24 2013, 11:24pm CDT

In the past several years, the leftist economist during and following the debate over the recent “sequester” debate predicted utter disaster if it went through. According to Krugman, America was almost guaranteed ...

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Update
7

15 hours ago

German confidence rebounds in May

Source: Irish Independent  |   May 24 2013, 11:07pm CDT

German business morale improved far more than expected in May, rebounding after two months of falls and suggesting Europe's largest economy is slowly picking up speed after a sluggish first quarter. The Munich- ...

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Update
6

22 hours ago

Nearly a Quarter of People in U.S. Can’t Afford Food

Source: Taylor Marsh  |   May 24 2013, 3:47pm CDT

At The Atlantic, reports from a new survey by the Pew Research Center reveal that a quarter of people in the U.S. can’t afford to buy food. Economic inequality is a common concern for publics around the world. Most people agree that the eco ...

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Update
5

22 hours ago

The poverty of austerity exposed

Source: Al Jazeera  |   May 24 2013, 3:40pm CDT

Fortunately, a new book has just been published that can help provide some answers. Austerity, The History Of A Dangerous Idea by Mark Blyth is definitely not the last word on the subject. Rather, it represents a promising beginning of making sens ...

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Update
4

23 hours ago

National Bank Greece's Management Discusses Q1 2013 Results - Earnings Call Transcript

Source: Seeking Alpha  |   May 24 2013, 3:14pm CDT

Petros Christodoulou – Deputy Chief Executive Officer and Member of the Executive Committee Paul Mylonas – General Manager of Strategy and International Activities, Chief Economist of the Group and Member of the Executive Committee Go ...

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Update
3

1 day ago

Nobel winner "can't believe anyone's serious" about EU

Source: B92  |   May 24 2013, 1:24pm CDT

Iceland's new Prime Minister Sigmundur Gunnlaugsson announced earlier this week he did not wish his country to join a bloc in crisis as his own economy recovers. Since emerging from its 2008 banking meltdow ...

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Update
2

1 day ago

German Banks Fall as Slowdown Fears Intensify

Source: WalletPop  |   May 24 2013, 1:10pm CDT

Fear is rising again in debt-plagued Europe. After signs of optimism had grown around European markets, this week's renewed concerns of a global slowdown have hit Europe's stocks hard. Germany's DAX fell sharply on Thursday, finishi ...

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Update
1

1 day ago

Eurozone's Leaders Sleepwalk Toward Catastrophe

Source: Real Clear World  |   May 24 2013, 11:33am CDT

The German finance minister, under whom the euro was launched, Oskar Lafontaine, earlier this month called for its break-up. He asserted “the current policy is leading to disaster”. He was referring, in particular,... more ›› Judging from the mar ...

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