EU News Archive

EU Daily | Europe Manufacturing Recession Worsens in December

[Skip to the end] Highlights Europe Manufacturing Recession Worsens in December Nowotny Says ECB’s Liquidity Measures Need Time to Take Effect Right, time to wait for a US fiscal response large enough to help the eurozone as well as the US. Merkel hints at German tax cuts Spain Manufacturing Contracted at Record ...Read More

2008-09-26 EU News Highlights

[Skip to the end] France and the eurozone are looking pretty grim. Exports are weak as demand from the US for imports slows. Rising prices from energy prices that have driven up ‘inflation’ are in the hands of the Saudis and Russians. Rising budget deficits are both necessary to sustain growth and ...Read More