Hard hitting global and local news
Read More: Sick Man of Europe is Europe; Blame the Socialists, Progressives, Greens, and the Euro Itself
UK, Ireland, Italy : The WSJ mentions the UK, Ireland, Italy, and even the United Nations in its report Sex, Drugs and GDP: the Challenge of Measuring the Shadow Economy . From the preceding link, the WSJ reports …
Financial Times writer Wolfgang Münchau provides an excellent example in Italy Debt Burden is a Problem For Us All . Münchau’s opening gambit is " We need extreme and co-ordinated policy to make it possible for Italy to ultimately stay in the eurozone. " Münchau states, " I think it is high time to address the consequences of failure with more clarity than is usually done
Like toothless howling dogs, Eurozone Leaders Warn on Fiscal Rules , shortly after the French budget announcement.
See original article: ECB Now a Hedge Fund; €1T Bazooka; ECB Promotes Euro Carry Trade; Draghi Has it Backwards
Error Over Quota This application is temporarily over its serving quota. Please try again later
Read the original: Eurozone Manufacturing PMI at 13-Month Low, with Germany Worse than Expected, Italy and France in Contraction
Read the original post: German Economy Contracts, France Stagnates, Italy in Recession; Time for a Rethink
Taken from: Italy "Unexpectedly" Slips Back Into Recession
See more here: Premature Retail Spending Hope for France and Italy, Lofty Expectations for Germany