Is the euro zone stabilising?
In the euro zone, cash in circulation, and short-term and long-term bank deposits, money market funds grew at a year on year rate of 4 percent in October.
In the euro zone, cash in circulation, and short-term and long-term bank deposits, money market funds grew at a year on year rate of 4 percent in October.
Institutional investors may be getting their hands in higher-yield sovereign bonds to increase their results, but there are some financial reports of improving macroeconomics for the euro zone.
As a wind farm developer, Gamesa has brought 126 MW of capacity online in France and has a project portfolio of more than 570 MW.
The leading three rating agencies seem to be very myopic with regards to the United Kingdom and the United States. Would they saw through the branch on which they were sitting?, asks George Dorgan, investment portfolio manager.
Britain wants the budget frozen at its 2011 level. But if the talks collapse, the 2013 budget will simply be rolled over to 2014 but with inflation added. The budget would end up far larger than 2011, says John Springford, research fellow at the Centre for European Reform.
In Palencia today, Renault Spain chairman José Vicente de los Mozos announced the company’s new 2014-2016 Industrial Plan. It assigns new products to Renault’s production facilities in Spain, and creates new jobs.
France has been advised by international institutions like the IMF and euro partners like Germany to do its homework before it’s too late. The answer that has come from the Elysée Palace, unfortunately, isn’t auspicious.
LONDON | George Irvin, University of London | Just look at Club-Med before dismissing this option: the only way for France (and the EU) to grow is by increasing spending, particularly public spending which is the largest component of French aggregate demand.
EU exports to most of its major partners grew in January-August 2012 compared with January-August 2011, except for India (-5%). The most notable increases were recorded for exports to Russia and South Korea, both +18%.
Ever more austerity? Only Ireland has managed to escape, and barely, from the budget-cut trap at a considerable cost. No wonder the Commission hesitates to plunge Spain into a similar ordeal.