He is ruffling feathers in Brussels and Berlin by insisting that he will renegotiate the EU's newly agreed fiscal treaty — enshrining budget discipline and austerity
into eurozone countries» national laws and constitutions — to put more emphasis on growth and employment.
Not exact matches
But Italy's current debt load is quite high, and the
country's leaders surely won't relish the opportunity of going
into the next recession as the weakest and most indebted in the
eurozone.
Despite the backlash, the SNB will face from those who are nursing potential losses that could run
into billions, many analysts thought the decision was inevitable in light of next week's expected announcement by the ECB to break new ground in its efforts to inject life
into the ailing 19 -
country eurozone economy.
Slovakia's problems are not particularly economic — the Bratislava self - governing region is the sixth - wealthiest EU region, with purchasing power parity per capita income more than 180 % of its regional average — and as a member of the
eurozone, the
country has attracted substantial foreign direct investment, notably
into its auto industry.
«With more than 75 % of construction products exports being absorbed
into the European market, recent forecasts from the OECD indicating a slowdown in key
Eurozone countries, such as Germany and France, potentially threaten prospects of further growth for product manufacturers.
European
countries invest billions of euros
into the European Space Agency, despite the financial problems of the
eurozone.
NPR's Soraya Sarhaddi Nelson reports they are banking on German frustration over bailouts of
eurozone countries to propel them
into office in national elections this fall.
Expensive valuations are evident in relatively tight credit spreads across
eurozone countries despite the differentiation priced
into sovereign bonds.
Suggested explanations include desire for safety and protection against the
eurozone breaking up (in which case some
eurozone countries might redenominate their debt
into a stronger currency).
For starters, Greece represents only 2.0 percent of the
Eurozone GDP, and while some international investors, such as those from Canada and Germany, have been especially active in the U.S. commercial real estate markets recently, we haven't seen a lot of Greek money flowing
into this
country over the past few years.