Category Archives: Euro zone Crisis

How much longer will France be regarded as at the core of the Euro?

One of the features of economic slow downs is that official bodies invariably rush to declare them over sometimes before they have barely begun! However one of these slow downs is happening at the heart of the Euro project in … Read More

Posted in Euro zone Crisis, General Economics, Interest rates, Quantitative Easing and Extraordinary Monetary Measures | Tagged , , , , | 15 Comments

Why are central banks still easing policy more than five years into the credit crunch?

My intention today is to review central bank policy over the credit crunch era. As we are now pretty much six years into it we have an opportunity to raise our noses from the day to day grindstone of events. … Read More

Posted in Banks, Barclays Scandal, Euro zone Crisis, General Economics, Quantitative Easing and Extraordinary Monetary Measures, UK Inflation Prospects and Issues | Tagged , , , , , , | 22 Comments

The original bailout for Portugal stated she would grow by 1.2% in 2013 and 2.5% in 2014!

Yesterday a delegation from the European Parliament including an MEP from London Sharon Bowles arrived at Lisbon Airport to find that all the taxis were on strike! So European taxpayers can cheer a reduction in costs they will bear as those … Read More

Posted in Banks, Euro zone Crisis, General Economics, House Prices, Recession | Tagged , , , , | 18 Comments

Will the role of the new government in Italy be one of managing economic decline?

The weekend just passed has seen a new government under Enrico Letta form in Italy as it tries to find some political stability in an economic crisis. As ever I will leave the politics alone except to point out that the … Read More

Posted in Euro zone Crisis, GDP, General Economics, Interest rates, Quantitative Easing and Extraordinary Monetary Measures, Yield | Tagged , , , , , | 21 Comments

Spain has gone from “Crisis?What Crisis?” to a “a national emergency demanding maximum attention”

Yesterday saw a new wave of anti-austerity protests in Spain as for example her parliament in Madrid was surrounded ahead of the announcement due midday from her government about the next steps in its economic programme. This is something that was … Read More

Posted in Banks, Euro zone Crisis, Financial crisis, General Economics, Recession | Tagged , , , , | 17 Comments

Will the European Central Bank respond to an economic slow down in Germany?

As 2013 began I pointed out that all was not well in the German economy and that the economic locomotive was in danger of hitting the buffers. Back on January 8th I pointed out that one of my leading indicators … Read More

Posted in Euro zone Crisis, General Economics, Growth, Quantitative Easing and Extraordinary Monetary Measures | Tagged , , | 10 Comments

Can the Netherlands escape the Euro area austerity death spiral?

After a couple of days where I have taken a look at the UK economy it is time to consider another theme of this blog. This is the economic catastrophe which is in danger of taking place in one of the … Read More

Posted in Euro zone Crisis, GDP, General Economics, House Prices, Recession, Stagflation, Uncategorized | Tagged , , , , | 18 Comments

Right now the Icelandic economic method looks a lot better than Euro area austerity

Today sees the Euro area Finance Ministers meet as the EuroGroup to discuss the bailout of Cyprus which is already looking something of a shambles. After the short-lived plan to haircut bank deposits which were supposed to be guaranteed we now … Read More

Posted in Euro zone Crisis, GDP, General Economics, Growth, Uncategorized | Tagged , , , | 25 Comments

Three years on from the original “rescue” Greece sees unemployment hit 27.2%. Some rescue!

This week has seen a reminder of Greece’s famous past as she issues commemorative coins to celebrate the 2400th anniversary of the founding of Plato’s Academy. However I somewhat doubt that coins will be minted anytime soon to celebrate the … Read More

Posted in Employment, Euro zone Crisis, GDP, General Economics, Greek Financial Crisis, Inflation | Tagged , , , , , | 22 Comments

France needs some economic growth rather than record low bond yields

The last few days have seen another addition to the world economic and financial scene and it is La Republique or France where it has been seen in full force. Its government bond market has since the beginning of April … Read More

Posted in Euro zone Crisis, General Economics, Quantitative Easing and Extraordinary Monetary Measures | Tagged , , , | 8 Comments