The Corner | March 2, 2015 | The engine of Europe’s economy outperformed expectations in 4Q2014, and that is good news for all the eurozone. Germany is increasingly depending on internal demand, which was the main contributor to the 1.6% GDP growth last year: 0.4 basis points.
MADRID | February 27th, | The Corner | Negative inflation is likely to be of more concern to German policy makers than it is to their Spanish counterparts today, with low prices being seen as good news for Spanish consumers and the economy as a whole. Elsewhere, attention will focus on Greek GDP, with the possibility that the latest data may underline some of the lingering difficulties between Greece and its EU partners.
The Corner | February 24, 2015 | Figures published today will give an indication of the current state-of-play in the euro zone, with the release of inflation statistics and final GDP figures from the German economy for 2014.
MADRID | By JP Marín Arrese | With the request for a six-month extension of the current bailout being flatly rebuffed by the German Finance Minister, hopes for a compromise at the Eurogroup meeting today are dwindling. Even if talks collapse, keeping Greece afloat lies almost entirely in Mario Draghi’s hands.
MADRID | Sean Duffy | Today´s meeting of the Eurogroup brings Finance Ministers Varoufakis and Scauble head-to-head. Germany are unimpressed with Greek proposals,meaning that the Greeks face the prospect of being cut off from extra bailout funding.
MADRID | By Sean Duffy | Thursday brought some positive predictions on the Spanish economy from the European Commission, but buoyancy on European markets may be negated by data due from the US later today.
MADRID | By Sean Duffy | Market fears about Greece eased somewhat on Thursday, with Spanish banks recovering the ground lost earlier in the week. Friday brings new data on unemployment and GDP which may bring further good news for the Spanish economy
FRANKFURT | By Lidia Conde | Is Germany living in a crazy world? That’s what many journalists hint at. “The tortoise cycle will continue,” says Johannes Müller, responsible for the management of Deutsche Bank’s large estates. “The interest rates will remain rock-bottom at least until 2016.” This represents an opportunity for the stock exchanges, because the fear of risk is decreasing. “The ECB wants to weaken the Euro with its low interest rates policy, which is also an opportunity to invest in Dollars and real estate.”
FRANKFURT | By Lidia Conde | The headlines on the German media would suggest that we live in a crazy world or on the edge looking into the abyss. The fear of a potential catastrophe due to the anti-crisis policy by Mario Draghi and Janet Yellen has led to many different theories and proposals.
MADRID | The Corner | Germany seems finally willing to boost its domestic demand. Real wages rose by 1.8% in 3Q (3T2014) compared to the same period from 2013, its largest rise in over three years, according to official data. An increase in wages along with penalized savings should result in more consumption.