Category Archives: Euro zone Crisis

Spain and its economy needs a change of tack rather than a deficit plan hiatus

Overnight has come a leak of the expected news that Spain is to get a stay of execution on its efforts to achieve the Euro area fiscal (public-sector) deficit target of 3% of its economic output. The Financial Times has reported it … Read More

Posted in Banks, Euro zone Crisis, General Economics, House Prices, Quantitative Easing and Extraordinary Monetary Measures | Tagged , , , , | 24 Comments

What is happening to the economy of Sweden?

One of the features of the credit crunch era has been that the economy of Sweden has held up well compared to many of its colleagues in the European Union. For example the latest economic growth figures which take us … Read More

Posted in Euro zone Crisis, General Economics, Inflation | Tagged , , | 16 Comments

What are the thoughts of the next Bank of England Governor Mark Carney?

Yesterday the incoming Governor of the Bank of England Mark Carney gave a speech on Canada entitled “Canada Works” but in it we did receive some clues as to his thinking about wider issues. One theme we can easily spot … Read More

Posted in Euro zone Crisis, General Economics, Inflation, Quantitative Easing and Extraordinary Monetary Measures, Stagflation, UK Inflation Prospects and Issues | Tagged , , , , | 27 Comments

How is monetary policy set for Germany working out for Spain?

This week has seen various updates on the economies in the Euro area. The net effect for the overall economy was that it shrunk by 0.1% in the first quarter of 2013 and was 1% smaller than in the same … Read More

Posted in Banks, Euro zone Crisis, GDP, General Economics, Yield | Tagged , , | 35 Comments

It is now more than a lost decade for Italy in economic output terms, Lira anyone?

Today has seen the publication of the Gross Domestic Product numbers for much of the Euro area and (as expected here) they do not make a pretty sight. The headlines will be on France falling into recession and some will point … Read More

Posted in Euro zone Crisis, GDP, General Economics, Growth, Inflation, Quantitative Easing and Extraordinary Monetary Measures, Recession | Tagged , , , , | 26 Comments

Slovenia and its economy are about to face the Euro area’s demons, but why?

Back on April the 3rd I took a look at the situation of Slovenia and concluded that she needed help but the problem Slovenia faced was where to go for it! After all the so called rescue of Greece by … Read More

Posted in Euro zone Crisis, GDP, General Economics, Recession | Tagged , , , | 13 Comments

Three years after the bailout of Greece the economy is still collapsing

It is now over three years since the bailout of Greece which if we recall was supposed to provoke “shock and awe”. Ironically it has followed the path of the original shock and awe claims of the attack on Baghdad where … Read More

Posted in Euro zone Crisis, GDP, General Economics, Greek Financial Crisis, Interest rates, Quantitative Easing and Extraordinary Monetary Measures | Tagged , , , , | 38 Comments

Where do rises in unemployment and falls in house prices and manufacturing output leave the Netherlands?

Today I wish to continue the theme of problems at the heart of the Euro area as I return to the increasingly troubled economic waters of the Netherlands. If it continues on its current path we will no doubt see … Read More

Posted in Banks, Euro zone Crisis, General Economics, Quantitative Easing and Extraordinary Monetary Measures, Yield | Tagged , , , , | 16 Comments

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