Renewables employment fell in the European Union for the fourth year running, due to
the Eurozone economic crisis and the cutting of subsidies and other support.
A classic example is the intense interest over Greece's debt crisis and a possible
eurozone economic collapse, if not a worldwide collapse.
Weaker
eurozone economic data, combined with the not - as - dovish interpretation of the FOMC [US Federal Open Market Committee] statement mean the dollar could continue to remain «bid» (there are more buyers than sellers) in the very short term.»
The post ECB Monthly Bulletin: Risks surrounding
Eurozone economic growth remain broadly balanced appeared first on Forex news forex trade.
The second quarter was dominated by volatility brought on by macro fears largely surrounding Europe and
the eurozone economic situation, but slower growth in the U.S. and the emerging markets also weighed in on people's fears.
After a stellar 2017,
eurozone economic data releases have disappointed recently.
A decade after the financial and debt crisis ravaged
the Eurozone the economic indicators are «flashing green.»
The action also recognizes a slowing
Eurozone economic recovery, and will surely rekindle fears of its consequences on growth.
There aren't many CEOs who would get such presidential calls, or who would meet a few weeks later at the presidential palace in Paris with Nicolas Sarkozy to discuss
eurozone economic issues.
Not exact matches
Despite the recent softness in data — the Citi
economic surprise index for the
eurozone is now at its lowest since June 2012 — markets remain stubbornly bullish on the euro with overall bets still near record highs as longer - term expectations remain optimistic.
Pierre Moscovici, the commissioner responsible for
economic matters, said the forecasts are further evidence that the debt crisis that has ravaged the
eurozone and many of its members, notably Greece, is now past.
He also urged
eurozone governments to push on with
economic reforms, particularly to their labor markets.
What if another
economic calamity happens, such as Greece leaving the
eurozone?
The news of missed debt payments by Espirito Santo International also comes on the heels of discouraging
economic data out of the
eurozone.
The
eurozone's recovery from the sovereign debt crisis has been about improving situations in the
economic bloc's peripheral economies like Italy and Portugal, and this new batch of uncertainty in Portugal's financial sector is not sitting well with investors.
Both German Chancellor Angela Merkel (reportedly) and Francois Hollande have suggested in recent days that the
Eurozone can now afford to let Greece leave the
Eurozone if it abandons its
economic reforms.
Prediction: «The
eurozone is a slow - motion train wreck,» Roubini said at the World
Economic Forum in Davos in January 2012.
Coupled with other bumps on the road (think the
eurozone crisis and slow global growth) the overall effect, he added, «has been
economic growth around 2 percent, and only a very gradual improvement in labor markets.»
Speaking to an
Economic Club of Canada audience in Toronto on June 29, the Nobel laureate admitted that the outcome of the current situation involving a sluggish U.S. economy and a wobbly
Eurozone was difficult to foresee, save for Greece.
Fears of seeming «political» during a presidential election year, sluggish growth in the
Eurozone and a slowdown of the Chinese
economic juggernaut will also keep Janet Yellen and the rest of the Federal Open Markets Committee from pulling the trigger more often; their vacillation will be one of the year's longest - running (and least loved) dramas.
The ECB can move move because the
Eurozone's
economic recovery is now well into its fifth year.
Economic growth for the
Eurozone is also projected to be above trend, 2.4 % this year and 2.0 % in 2019, supported by continued monetary stimulus, improving labor markets, and healthy external demand.
Official figures show that
economic growth across the 19 - country
eurozone slowed down in the first three months of the year
German sovereign paper is seen a proxy for the
eurozone's economy and the viability of the
economic bloc.
His comments, made to the U.K.'s Daily Mail, came on the same day as a «raft of dismal
economic news from around the world, with manufacturing output falling in Britain and Europe, unemployment jumping in the
eurozone and America, and fast - emerging economies such as Brazil and China showing signs of running out of steam.»
While U.S.
economic data has not given the dollar much reason to extend gains, data from the
Eurozone has surely not done the euro any favors.
The European Central Bank has also pursued aggressive quantitative easing to counter deflation in the
Eurozone, and some places have experienced negative interest rates, due to fears that deflation could take hold in the eurozone and lead to economic sta
Eurozone, and some places have experienced negative interest rates, due to fears that deflation could take hold in the
eurozone and lead to economic sta
eurozone and lead to
economic stagnation.
«The bank's president, Mario Draghi, conceded Thursday that the
eurozone's debt crisis had led to a generalized
economic slowdown, hitting even the strongest countries in the region,» The Wall Street Journal reported.
To learn more about the
eurozone's
economic outlook, read the recent BlackRock Market Perspectives and a white paper I've written with my colleague, Chief Investment Strategist Russ Koesterich.
The hearing has all but anointed Carney as Britain's New World saviour — the man who is tasked with hauling Britain out of its triple - dip recession, seeing it safely through the
eurozone crisis and the worst
economic downturn since the great depression.
FRANKFURT — The European Central Bank said on Thursday that it would begin buying hundreds of billions of euros worth of government bonds in an aggressive — though some say belated — attempt to prevent the
eurozone from becoming trapped in long - term
economic stagnation.
The disconnect between this
economic outlook and heady
eurozone bond valuations makes us nervous.
Mr. Draghi's critique of comments by the U.S. Treasury secretary came as the
eurozone central bank tried to quash speculation about an early end to its
economic stimulus program.
The uncertain state of the
eurozone economy may become clearer on Wednesday when the European Union statistics office releases an estimate of its
economic growth in the first quarter.
But he wrote that one reason to believe they were effective is that the U.S.
economic recovery was much stronger than that of the
Eurozone's, where monetary and fiscal policies were much tighter than in the U.S.
The
Eurozone has become an
economic dead zone.
2014.10.23 RBC Investor & Treasury Services quarterly survey: Canadian pension assets inch higher in Q3 Pension assets rose for a fifth successive quarter despite concerns over anemic
economic growth in the
Eurozone and escalating global issues during the three months ending September, according to the latest survey from RBC Investor & Treasury Services...
Implementing (another nascent trend) better
economic policy in key emerging economies (China, India) as well as key developed economies (
eurozone, Japan) with at least the possibility of future breakthroughs in U.S.
economic policy (immigration, oil exports, trade promotion authority).
But Russia's economy has suffered more recently, following declining oil prices and
economic sanctions imposed by the U.S. and
eurozone.
The Bundesbank, the most hawkish of central banks, has signalled it would accept higher inflation in Germany as part of an
economic rebalancing in the
eurozone that would boost the international competitiveness of countries worst - hit by the region's debt crisis.
Dublin's campaign to ratify the
eurozone fiscal discipline pact is failing to build momentum against a backdrop of weakening
economic growth and a wider European debate about austerity, with almost one - in - five Irish voters still undecided.
Economic news from the
eurozone remained broadly positive.
Based on the country's recent
economic activity, it certainly appears France could be in the early stages of outperforming its
Eurozone counterparts.
The key points stated by Draghi in the press conference with reference to the
economic activity in the
eurozone are highlighted below:
Growth outlook in the
eurozone remains broadly balanced with chances of better than expected
economic growth, while downside risks are largely associated with global factors, including the forex (foreign exchange) markets.
The president went on to announce that the broad - based
economic expansion in the
eurozone accelerated more than expected in the first half of 2017; however, recent exchange - rate volatility could lead to uncertainty in price stability over the medium - term.
In our view, any decision on monetary policy normalization will have to take into account some of what is happening outside of America's borders, including the hazy
economic outlook for China, the slowdown in other large emerging markets and the uncertainties that continue to plague the
eurozone.
The subjects we are currently focusing on are all the issues relevant to the
eurozone - the discussion about Greece, the lacklustre
economic recovery in the
eurozone, but also external influences, like the discussion on Britain's future in the EU and the EU relations with Russia.
One issue overlooked by most of the political strategists in Italy is the
eurozone's, and also Italy's, incipient
economic downturn.
Overall, some other measures suggest a general improvement in the
eurozone's
economic prospects.