Employers’ confederation says country still on ‘a razor’s edge’ 19 December, 19:41 Scrivi alla redazione Giorgio Squinzi, head of powerful Italian industrial employers’ group Confindustria (By Sandra Cordon) (ANSAmed) – ROME – Italy’s deep recession has caused as… Read More ›
GDP
Tomorrow, Cyprus could vote to leave the euro. This is political dynamite: “If Cypriot depositors are forced to pay today, why not Spanish ones tomorrow “
By Mats Persson Economics Last updated: March 17th, 2013 There are two ways to look at the hugely controversial bailout agreed for Cyprus in the early hours of Saturday morning, in which the small island nation – accounting for only… Read More ›
Germany displaces China as US Treasury’s currency villain
The US Treasury has issued a damning criticism of Germany’s chronic trade surplus in its annual report on worldwide exchange rate abuse, although it stopped short of labelling the country a currency manipulator. The report said Germany’s current account surplus… Read More ›
Greek death spiral raises heat for German-bloc creditors: Public debt will reach 189pc of GDP
Greece’s debt-load is rising much faster than expected as the country spirals into a sixth year of depression, ratcheting up the pressure on Germany and Europe’s creditor states to accept debt-forgiveness for the first time. Greek trade unions have called… Read More ›
UK hooked on debt, PIMCO boss warns: “warning that the US would turn into Greece within a decade “
UK hooked on debt, PIMCO boss warns Britain is part of a debtor nation “ring of fire” where bondholders are at risk of being “burned to a crisp”, the head of the world’s biggest bond house has warned. The UK… Read More ›
National Deficit Outlook Unchanged Under Obama: UMD Policy Analysis: Fault on all sides, and a Failure to Act
For Immediate Release September 6, 2012 Contacts: Jennifer Talhelm, 301-405-4390 or jtalhelm@umd.edu Public Policy’s Philip Joyce Offers Election Policy Fact Check COLLEGE PARK, Md. – From a public policy point of view, the national debt accumulation since President Obama took… Read More ›