Eurozone stuck in a high risk deflation area; Draghi expects further price plunge

This newspaper has been following very closely the Eurostat statistics, including inflation, which paint an accurate picture of Eurozone’s economic condition. Then, not without good reason, during the last few months or even years the European Sting didn’t share the reserved optimism of Brussels about euro area’s prospects and unfortunately Eurostat confirmed this prediction once […]

On the euro but out of it?

The fact that Greece reached the exit of Eurozone more than once during the past months and a Grexit (exit of Greece from Eurozone) is still not excluded did not stop the European Central Bank from keeping the country on the euro. This time however for decorative reasons. The ECB used the most ancient depiction […]