Tags: eu

Eurozone: Fifth Quarter of Contraction

Econintersect:  The EU-17 (Eurozone) suffered the fifth consecutive quarter of negative GDP growth in Q1 2013.  The wider Europe (EU-27) saw the fourth contraction in the past five quarters.  The first quarter saw a much smaller contraction than for 4Q 2… more »

Sunday Economic Comedy: Economic Solutions in Europe

April 14th, 2013
in econ_news, syndication

Watch the following video thinking the bull is the European Union / European Central Bank, and the people are the member states.  Even if you are only watching well out of the way - sooner or later the bull will turn on you. [video:youtube:2h-Whh… more »

Eurozone: Manufacturing Downturn Deepens in March

April 2nd, 2013
in econ_news, syndication

Econintersect:  The latest PMI (Purchasing Managers' Index) for Manufacturing shows a renewed downturn underway in the Eurozone.  The index fell to 46.8 from 47.9 in February.  Readings below 50 indicate contraction and that is where this metric has been… more »

Robert Rubin: Cyprus Indentifies More Problems than Solutions

March 30th, 2013
in econ_news

Econintersect:  Former Treasury Secretary (Clinton administration) Robert Rubin does not see the "settlement" of the Cyprus crisis as resolving anything in the longer term.  The process revealed that the Eurozone (E-17) and the larger E-27 (EU) have no p… more »

Markit Flash PMI: Eurozone Downturn Intensifies

March 24th, 2013
in econ_news, syndication

Econintersect:  The preliminary PMI  numbers (aka "flash" PMI) for various economies are published by Markit 7-10 days before the official final numbers are available.  The flash estimates for March 2013 for the Eurozone show a continuing decline into de… more »

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