Data show EU Economy in a stubbornly subdued state

At the end of the first quarter of the year (end March 2014) the Eurozone economy doesn’t show any signs of change from its subdued state of the last twelve months. The bearish and widely diverging resumption of activities still prevails, after the four-year recession period which theoretically ended at the second quarter of 2013, […]

EU economy: Between recession and indiscernible growth

Triumphant announcements, that the European economy has entered in a new growth path just because unemployment in June has decreased in the EU27 by one decimal point and the Economic Sentiment Indicator (ESI) in July increased by 1.2 points in the euro area cannot stand a rigorous critic. Incidentally unemployment in the euro area was […]

EU: All economic indicators in free fall

It’s a real disappointment to follow the business climate indicator (BCI) table during the last months. As from April 2012 this index is stuck in a continuous downward course and not once in the thirteen month period, from April 2012 to April 2013, this indicator didn’t record a positive price. The continuous line of the […]