Spain – The Recession May Be Ending But The Crisis Continues

Written by Edward Hugh, Euro Watch What follows is an interview I did over the summer with the Madrid based publication The Local. Let’s start with the basics: what are Spain’s current economic problems?

The Real Experiment That Is Being Carried Out In Japan

by Edward Hugh, Euro Watch Editor’s note: This was written nearly four weeks ago and posted at Edward.Hugh.Blog 24 May 2013 The future never resembles the past – as we well know. But, generally speaking, our imagination and our knowledge are too weak to tell us what particular changes to expect. We do not know …

The Great Portuguese Hollowing Out

by Edward Hugh, Euro Watch With every passing day Portugal has less and less economy left, while fewer and fewer people remain to try to pay down the debt. As Portuguese President Aníbal Cavaco Silva once put it, “A country without children is a nation without a future.” He was, of course, referring to his country’s …

Global Manufacturing Growth Shudders Towards A Halt

by Edward Hugh, Euro Watch This months manufacturing PMI data only confirm what several months of prior surveys (and now the latest US jobs report) have been telling us, namely that growth in the developed economies is getting scarcer and scarcer, and harder and harder to come by. Following a brief brief period of stabilization, …