inflation

Gloomy new statistics signify no end to Eurozone’s economic misery – opinion

16/08/2016 Dennis Kefalakos crisis, economy, EU, European Union, EUROSTAT, Eurozone, GDP, inflation, unemployment

The economic misery of the Eurozone doesn’t seem to have an end. According to a preliminary estimate by Eurostat, the EU’s statistical service, GDP growth in the 19 member state monetary zone during the second quarter of this year was as miser as ever. On top of that, inflation continues to oscillate around zero, while unemployment is always in the double digit region.

european union foreign affairs

ECB’s Mario Draghi on economic developments

01/11/201502/11/2015 ENstaff debt, Draghi, ECB, economy, European Union, Greece, inflation, markets, QE, structural reforms

In an interview yesterday [Oct 31] with newspaper Il Sole 24 Ore, ECB president Mario Draghi referred to key economic developments in Europe and internationally, whilst he did argued on Greece’s national debt. Key parts of the interview, based on a translation published on ECB website have as follows:

interviews people

Ambassador of Norway:”The challenge for the Greek economy is its competitive edge and its business climate” [interview]

07/06/2016 ENstaff

The Ambassador of Norway in Athens, His Excellency Jørn Eugene Gjelstad, spoke to EmbassyNews.net and commented on the current developments in Greek and European politics, the economy and the refugee crisis.