Tag Archive: euro

  1. The Markets

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    A 1964 Morris Traveller is entitled to have the occasional flashing light on her vintage dashboard. Sometimes it will quite rightly be a warning of some potential mechanical failing in this wonderfully mature motorcar, but equally with an ageing electrical system she also has the habit of producing some odd signals from time to time. So it takes some experience to work out whether it really is an electrical problem or whether she is having a hissy fit. (more…)

  2. Is it the beginning of the end? Maybe….

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    Last Tuesday, Eurostat, which provides statistical information on the European Union (EU), announced that its flash estimate showed positive economic growth (up 0.3 percent) for the Euro area for the second quarter. Media outlets embraced the news with tremendous enthusiasm and some informed the world that Europe was, once again, on its feet. 

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  3. If Aesop was right, Europe may eventually reach the end of recession

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    You’ve heard about the tortoise and the hare. It’s a fable that has much to say about unequal partners, overconfidence, and perseverance – topics that leaders of the European Union (EU) may ponder when they’re not poking and prodding member states in efforts to provoke structural reform and growth. 

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