“Economic fallout from the political crisis over Ukraine threatens to derail Europe’s ‘weak, fragile and uneven’ recovery in the months ahead, the head of the European Central Bank admitted. Hopes early this year that Europe was on the road back to prosperity have evaporated amid tit-for-tat sanctions between the EU and Russia over Ukraine, sharply increasing downside risks, Mario Draghi warned as the ECB kept rates at record low levels. With even Germany experiencing an unforeseen slowdown in industrial production, the 18-nation eurozone has returned to the state of nervousness and gloom that characterised the years after the global economic…”
http://www.thetimes.co.uk/tto/business/markets/europe/article4169631.ece
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
(Visited 20 times, 1 visits today)
Related posts:
Ex-Obama administration healthcare official joins lobby firm
U.S. spying still under shadow of Iraq intelligence failures
Unease at Clinton Foundation Over Finances and Ambitions
Cyprus Central Bank Governor resigns with $250K golden parachute
Ron Paul right again: 2011 Prediction Al Qaeda Will Move Into Libya
Japan PM's militaristic gesture before Obama visit, China seizes ship
BRICS emerging economies to expand co-operation on internet & security
Dark side of Ca. pot legalization: a bonanza of government jobs
Chinese Way of Doing Business: In Cash We Trust
Judge rules Portland teen not guilty after phone video contradicts police
China defies IMF on mounting credit risk and need for urgent reform
Treasury Gets a Citibanker
Harper government kills controversial Canadian Internet surveillance bill
UN human rights chief slams failure to shut Guantanamo
U.S. Economy Shrank in First Quarter by Most in Five Years