Why do we measure consumer confidence and what does it tell us?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content How do you feel about your personal financial situation? Do you think the economy will improve or get worse? It’s not a trick question, but a way of measuring consumer confidence. The first […]

ECB boss pledges to MEPs to fight inflation and restore confidence

This article is brought to you in association with the European Parliament. The European Central Bank President announced future interest hikes, while MEPs voiced concerns about rising energy and food prices, and mortgage rates. On Monday afternoon, during the third hearing this year with the European Central Bank President Christine Lagarde, MEPs in the Economic and […]

Presentation of Juncker’s Investment Plan: Can 315 billion euros save the EU?

Jean Claude Junker, the president of the European Commission (EC), announced details of his 315 billion euros promising investment plan two days ago in Strasbourg. This three year project will use money from EU institutions in order to create a fund that will motivate investors to bring back their money in Europe and increase growth […]

IMF launches a new offensive against Germany

In the latest issue of its World Economic Outlook (WEO), which was published yesterday, the IMF raises the tone of criticism against Europe. It’s again the risk of deflation and the projection that “economic slack will remain high”, the two axes which constitute the cutting edge of criticism of North America against Eurozone. The latest […]

Eurozone: Economic Sentiment Indicator recovering losses

  The Economic Sentiment Indicator (ESI), despite a mild rise in September by 1.6 points in the euro area is still below its long-term average (100), and oscillates around the levels of the third quarter of 2010. However if it continuous on its present upwards course, it may soon recover losses of three years. In […]