Tag: European Central Bank
Prepare for the next recession while you can
Governments should start normalising monetary policy and cutting public debt before the next economic downturn hits them. Economic forecasts for 2017 project continued frailty in the global economy, and subpar growth for most countries and regions. Obvious economic problems include Europes weak banks, Chinas distorted property market, political uncertainty in the west, historically high private […]
A year after the crisis was declared over, Greece is still spiralling down
The historic third bailout awarded to Athens after weeks of brinkmanship last year was supposed to have secured its future in the EU. But little has changed In a side street in the heart of Athens, two siblings are hard at work. For the past year they have run their hairdressing business an enterprise that […]
Eurozone officials hope to give Greece next tranche of bailout
Greeces creditors are still at odds over whether the recession-hit country has taken enough measures to unlock delayed 10bn of bailout funds European officials are preparing to unlock 10bn in bailout money for Greece, as an ongoing row between the countrys creditors threatens to plunge the eurozone back into crisis. Greeces international creditors remain deadlocked […]