Eurozone GDP up by 0. 3 % with Greece growing by 0.8%
Euro area GDP growth and inflation remain positive but near to zero in the second quarter.
eurozone
Eurozone recovery will continue despite Greek risk
Despite the political challenges emerging in Greece, the economic recovery in the eurozone has begun to strengthen driven by domestic consumption.
Eurozone stocks: Sweet times ahead
LONDON | On the eve of the biggest Q2 reporting week for EU companies, Barclays top-down model suggests a further acceleration is imminent for euro area stocks, with 6% likely for 2015 as a whole.
Spain Economic Office Chief: “If we wanted the euro, we needed to have more flexibility”
BRUSSELS | July 3, 2015 | By Jacobo de Regoyos | The Greek crisis has sparked an intense debate about the future of the European Union. Spain recently handed Brussels a proposal on a eurozone-level budget for emergency rescues, and the need of issuing eurobonds. Head of Spain’s Economic Office Head Álvaro Nadal spoke to The Corner about competitiveness and solidarity between members. This is the second part of an interview.
“We need to progress towards a European economic government”
BRUSSELS | June 26, 2015 | By Jacobo de Regoyos | Along with other EU state members, Spain called for a eurozone-level budget for emergency rescues, and issue debt in the form of eurobonds. Álvaro Nadal, Director of the Economic Affairs Office of the Spanish Prime Minister explained it for The Corner. This is the first part of the interview.
European PMIs beat forecasts
The Corner | June 23, 2015 | Despite the Greek drama, the eurozone’s economy is picking up. Eurozone composite PMI jumped to 49-month high of 54.1 in June, according to research firm Markit.
Don’t give up on politics!
MADRID | June 18, 2015 | By Luis Martí | The negotiating tactics of the Greek government can only be understood against the backdrop of an impossible set of electoral promises –impossible, that is, unless the government gained access to an unlimited inflow of financial resources from abroad at no charge. This not being the case, President Tsipras has to act within a constrained framework.
EZ profit margins to outperform the US
LONDON | June 16, 2015 | BNP Paribas | The pricing power of corporates is still low at the global level as sizeable excess capacity remains. Nevertheless, it is not all bad for companies.
Want to fix the EU crisis? Get a eurozone budget –change treaties if needed
The Corner | June 5, 2015 | The eurozone needs its own treasury over and above national budgets, one that would not come at the expense of fiscal discipline at the national level. That is the radical shift advocated by Sigmar Gabriel and Emmanuel Macron, move that has been strongly resisted by Merkel throughout the crisis.
ECB seeks “full QE implementation”
MADRID | June 3, 2015 | So far, monetary policy stimulus is working as planned, ECB’s president Mario Draghi insisted on Wednesday, and the bond buying program needs to reach full implementation until September 2016. The central lender rules out any earlier taper and will keep rates on hold.