Category Archives: Euro zone Crisis

Whatever happened to manufacturing and industrial production in France?

Today opens with news of a strike against pension reform in France. However this “reform” only currently applies to the private-sector as we note that the larger potential deficit in public-sector pensions is being ignored. How very Euro area! It remains … Read More

Posted in Euro zone Crisis, General Economics, Quantitative Easing and Extraordinary Monetary Measures, Stagflation | Tagged , , , | 12 Comments

What is happening to Cyprus and its economy?

One of the features of both the Euro area crisis and indeed the credit crunch itself is the way that we are awash with news about certain events for a brief period and then the tap gets turned off. In … Read More

Posted in Euro zone Crisis, GDP, General Economics, Greek Financial Crisis, Quantitative Easing and Extraordinary Monetary Measures | Tagged , , , | 13 Comments

Italy and its economy looks like it is being left behind yet again

Yesterday I looked at the improvement in the UK economy and the changes that I feel that the Bank of England should make in its policy. Today I wish to look at a country which is  showing many fewer signs of … Read More

Posted in Euro zone Crisis, GDP, General Economics, Quantitative Easing and Extraordinary Monetary Measures, Recession | Tagged , , , | 9 Comments

Since the start of 2011 the gap in economic growth between Germany and Greece has been 20%

This week has shown us the state of play in Greece and indeed in its national finances. As time passes we see more and more of the consequences of the type of internal devaluation austerity that has been forced on … Read More

Posted in Euro zone Crisis, GDP, General Economics, Greek Financial Crisis, Quantitative Easing and Extraordinary Monetary Measures | Tagged , , , | 16 Comments

Portugal has left its recession but is still in an economic depression

Today I wish to discuss the economic situation in Portugal which I have not covered since the 28th of June. There is a reason for the gap which is that the Gross Domestic Product numbers for the second quarter were … Read More

Posted in Demographics, Euro zone Crisis, General Economics, Manufacturing, Recession, Uncategorized | Tagged , , | 12 Comments

What is happening with the national accounts and GDP of Spain?

Back on the 31st of July I pointed out that the Spanish economy was divided into two clear areas. The first is the external sector which is the good part and the second is domestic demand which has been the … Read More

Posted in Euro zone Crisis, GDP, General Economics, Inflation, Quantitative Easing and Extraordinary Monetary Measures, Recession | Tagged , , , , | 22 Comments

Germany manages to combine economic growth and a budget surplus

Today has seen a couple of strong official releases about the German economy as we are reminded of past metaphors such as it’s economy being an economic locomotive. However 2013 has not always looked like this as on January 8th of … Read More

Posted in Euro zone Crisis, GDP, General Economics, Quantitative Easing and Extraordinary Monetary Measures, Yield | Tagged , , , | 20 Comments

The house price bubble of the Netherlands is bursting all over its economy

Yesterday saw the latest report for economic growth for the Euro area from Eurostat and it showed that the eighteen months of recession had finally ended. GDP rose by 0.3% in both the euro area (EA17) and the EU27  during the … Read More

Posted in Euro zone Crisis, Recession, Stagflation | Tagged , , , , | 29 Comments

Greece enters an era of price falls and disinflation

Up until 2013 the Euro area crisis and the economic depression in Greece has missed a feature. If we jumped back in time in Doctor Who’s TARDIS would this have been expected by around 100 out of 100 economists. I … Read More

Posted in Euro zone Crisis, General Economics, Greek Financial Crisis, Inflation, Quantitative Easing and Extraordinary Monetary Measures, UK Inflation Prospects and Issues | Tagged , , , , , | 10 Comments

Of Gareth Bale, export-led growth and the Spanish economy

There is a saying that life imitates art and if one applies that principle to Spain and its economy right now there is plenty to think about. I need to shift the goalposts to the world of football but we find … Read More

Posted in Euro zone Crisis, Financial crisis, General Economics, House Prices | Tagged , , , | 23 Comments