Eurozone hasn’t escaped the deflation danger

Eurostat, the EU statistical service, confirmed its own inflation rate estimate for November at 0.9% in the Eurozone; that is two decimal points higher than in October. However, this doesn’t mean that inflation took the upward path neither does it indicate that growth has already started pressing consumer prices to higher levels. It must be […]

EU plans to exploit the Mediterranean Sea and the wealth beneath it

At a time when the Mediterranean Sea is not at its most peaceful times the European Commission presented a study which finds that the “establishment of maritime zones, including Exclusive Economic Zones (EEZs), in the Mediterranean would benefit the EU’s Blue Growth and wider sustainability agendas”. The study is entitled “Costs and benefits arising from […]