The European Commission released last week its “Autumn 2015 Economic Forecast”, advertising ‘moderate recovery’ for the European Union and the euro area. Understandably, the Commission wouldn’t dig deeper in the economy, to highlight the negative aspects of the present status and the subdued prospects for next year. For a number of important reasons the executive […]The Commission sees ‘moderate recovery’ but prospects deteriorate
November 9, 2015 by Leave a Comment
The European Commission released last week its “Autumn 2015 Economic Forecast”, advertising ‘moderate recovery’ for the European Union and the euro area. Understandably, the Commission wouldn’t dig deeper in the economy, to highlight the negative aspects of the present status and the subdued prospects for next year. For a number of important reasons the executive […]Hostages to a rampant banking system
April 26, 2013 by Leave a Comment
The European Commission presented yesterday its European Financial Stability and Integration Report (EFSIR) at a joint conference with the European Central Bank (ECB) in Brussels. Overall, the report concludes that “despite improvements, the financial crisis continued to exert a significant impact in holding back economic growth in 2012”. Earlier today, Friday 26 April, the European […]
