The European economy "one foot" step in the mire of recession. Germany and France temporarily escaped the economic downturn, but once the debt crisis in Europe continued to deteriorate, Germany is bound to themselves they will. Under the impact of the weak economy and high unemployment, the European political wrangling is also the escalating debate between the austerity measures and economic growth will be more intense. In a short time, the European economy will be difficult to find the support points of growth, which means that the euro zone recession or will be difficult to avoid. However, for the European decision-makers as soon as possible to reach agreement on relief measures upgrades may bring help.
Reporter Molly stagnation after the first quarter growth in the euro zone again the wind struck. Eurostat data released on August 14, the euro zone in the second quarter GDP fell 0.2 percent, down 0.4%. This allows the market earlier widespread speculation that the euro zone economy into recession looming. But it is some comfort, except Finland, all other euro area 3A member in the second quarter to avoid the economic downturn, "bad luck": Germany, Central, an increase of 0.3%, the Netherlands and Austria increased by 0.2%, France were flat.
However, analysts doubt that the euro-zone economic "locomotive" in the context of the European debt crisis worsens, Germany or will not be an exception. On the other hand, under the impact of the euro zone economic decline extravagant, high unemployment rate data, the wrangling of the European decision-makers are still continuing, the market had for the Greek ultimate gotten me very nervous. Therefore, the poor economic data or will policymakers what impact worthy of attention.
Yao bell interview with this reporter on the 15th European associate research fellow, Department of Commerce International Trade and Economic Cooperation Research Institute said that the European economy "one foot" step in the mire of recession. Germany and France temporarily escaped the economic downturn, but once the debt crisis in Europe continued to deteriorate, Germany is bound to themselves they will. Under the impact of the weak economy and high unemployment, the European political wrangling is also the escalating debate between the austerity measures and economic growth will be more intense. In a short time, the European economy will be difficult to find the support points of growth, which means that the euro zone recession or will be difficult to avoid. However, for the European decision-makers as soon as possible to reach agreement on relief measures upgrades may bring help.
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