EU News Highlights Archive

EU News Highlights 12-01-08

[Skip to the end] With no sign of a meaningful response, and, worse yet, no safe channel to get it done even if they wanted to, systemic risk in the eurozone continues to escalate. Highlights European Manufacturing Contracts More Than Estimated German Retail Sales Drop as Recession Damps Spending Spanish Manufacturing Contracted ...Read More

EU Inflation Rate Drops to 2.1%

[Skip to the end] Another tenth and the ECB will hit it’s inflation target for the first time since inception! That’s why they called this the ‘beneficial recession.’ Just in time for year end performance bonuses… Highlights Europe Inflation Rate Drops Most in Almost Two Decades to 2.1% Trichet Says Stability, Growth ...Read More

2008-04-15 EU Highlights

As a point of logic seems their best move is to try to pressure the Fed to stop cutting. Highlights: ECB’s Stark, Ordonez Say 4% Key Rate May Not Contain Inflation French Government Will Lift Minimum Wage by 2.3% on May 1 French annual inflation jumps to 17-year high Italian inflation jumps ...Read More