Sentences with phrase «euro area countries»

Output in the smaller euro area countries continues to grow at a fast pace, and growth in France has been slightly above trend over the past year.

The chart below gives some sense of the relative importance of Italy - and to a slightly lesser degree Spain - in meeting its rollover demands this year versus the smaller euro area countries.

This initiated a further decline in 10 - year government bond yields, which fell to all - time lows for nine large euro area countries including France, Ireland and Spain by 26 November, the end of the period under review (Graph 5, right - hand panel).

But long - term government bond yields fell to record lows for many euro area countries after a speech by ECB President Draghi on 21 November, which stressed that the ECB will do what is required to raise inflation and inflation expectation by adjusting the size, pace and composition of asset purchases, if the currently announced policies prove to be insufficient.

But the cruel irony is that any improvement in demand and output conditions in these three countries will partly leak out and benefit the euro area countries with large trade surpluses because their economies are running on exports rather than domestic demand.

In addition, Spain's rating — as well as the ratings of other euro area countries — could be adversely affected if the risk of a Greek exit from the euro area were to rise further.

Enhanced supervision of the euro area countries» budget process by the EU Commission is part of the sovereignty transfer required by the fiscal compact — the founding document of the future fiscal union - agreed in late 2011.

Not exact matches

Padoan said countries like Italy are «doing their homework» when it comes to reducing risk in the euro area in areas like non-performing loans and debt reduction.

The Italian crisis — the country's powerful political leader, the comedian Beppe Grillo, would probably call it «commedia dell «arte» — offers plenty of interesting trading opportunities as long as you don't fall for the incongruous idea that this is the end of the euro area.

The principles of further steps toward euro area's economic and political integration will be spelled out in a joint French - German document the countries» leaders are scheduled to announce next June.

In view of this, it is puzzling that these countries complained about «currency wars,» alleging that the «monetary tsunami» unleashed by the U.S. and the euro area was threatening their competitive positions by pulling up their currencies, when, in fact, the real and the rupeewere falling against the dollar and the euro.

Southern European countries have surprised in recent years with growth rates above the euro area average, but the sun might stop shining in these economies soon, UBS analysts warned in a note Monday.

The country of 2 million became the 18th member of the euro area in January 2014.

All of this is good for the economies of the euro - area countries.

It is the rare combination of a simultaneous impact of hugely restrictive fiscal policies, gravely damaged channels of financial intermediation and crippling trade imbalances in especially depressed segments of the world economy - the euro area - where there is an obvious need for a strong stimulation of domestic demand in countries of that region whose trade surpluses range from 2 percent to nearly 9 percent of gross domestic product (GDP).

Uncertainty in emerging countries has the potential to further weigh on demand for euro area exports, with emerging markets worth 25 % of exports.

The vote was never held after Papandreou's proposal prompted furious reactions from the country's euro - area partners and his own government, forcing him to step down.

All the major countries had reduced interest rates to unprecedented levels in the early part of this decade — 0 per cent in Japan, 1 per cent in the United States and 2 per cent in the euro area — and they maintained this position for a prolonged period.

Under the burden of the financial collapse and the imposition of severe austerity on certain EURO countries the EURO area has never recovered and is not expected to in the near term.

It may also be related to the deficit crisis in the EURO area and the actions these countries are taking to address the issue.

According to the Mr. Oliver, and presumably the PM, all governments in advanced economies (e.g., G7 countries, G20 countries, and the EURO area) are unethical, because they all run deficits and have no interest in eliminating them.

The past crisis revealed that most euro - area banks have disproportionate sovereign exposure in their home country.

As the news service notes, Group of Eight leaders on May 19 urged Greece to stay within the euro area as polls in the country showed a close race between parties supporting and opposing the European Union's bailout deal.

Until recently, the U.K., the EURO area, the U.S. and Japan have been performing terribly so the bar has been pretty low, and most advanced OECD countries could easily jump it.

Given the prospects of continued slow growth in the EURO area, the U.S. the UK, Japan and other G - 20 countries, this may not be good bet.

At this stage, we do not see a market response that signals serious doubts about the ability of those countries to remain in the euro area.

International Monetary Fund officials told their euro - area colleagues that Greece is the most unhelpful country the organization has dealt with in its 70 - year history, according to two people familiar with the talks.

This would require that: the U.S. «miraculously» finds political harmony in Congress and solves its fiscal problems; that the EURO area «magically» discovers political unity among 17 countries; that Japan suddenly emerges from a decade of no growth; and that China, finally embraces a non-intervention exchange rate system and adopts policies to promote consumption led growth.

The euro area's crisis has sparked «flight to safety» capital flows into Norway's highly - desirable investment assets, pushing the Krone currency to undesirable export - harming heights and forcing the country's central bank to cut interest rates to stem the inflow.

Businesses in the 17 countries that use the euro became much more gloomy about their prospects in May as the currency area's fiscal crisis deepened.

Currently, ten of the eleven EMU countries have headline inflation above the euro area target rate of 2 per cent.

Figures published by the European Union's statistics agency Eurostat showed consumer prices in the 17 euro - area countries fell 0.5 % on the month in July, compared with a fall of 0.1 % on the month in June.

Both the UK and the countries representing the euro area are expectantly readying for the massive changes that are likely to follow once Britain exits.

The fact is that over the past decade, the EURO countries have not been willing to take policy actions to ensure the stability of the EURO, because they involved issues related to sovereignty and fiscal integration: two areas where there were opposing entrenched views.

Global economic conditions have improved over recent months, with stronger economic data emerging in the US, Japan and most other countries in east Asia, though the euro area remains weak.

Employment in the euro area as a whole has been flat over the past year, although outcomes have varied considerably across countries, with Germany displaying notable weakness.

«Any revision of the treaty is for deeper integration of the euro area but also for a stronger European Union,» Commission President Jose Manuel Barroso told the European Parliament on Wednesday, a bid to keep the process inclusive of all 27 countries in the EU, not just the 17 in the euro zone.

A mere six billion Euros is earmarked for tackling unemployment among young Europeans in countries under the greatest economic strain, and around eighty billion is deemed enough to bolster research and innovation — an area in which Europe lags behind other parts of the world.