“C’est la vie”? French recession and unemployment to linger in Eurozone

It was last Wednesday when the financial information services company Markit published the Markit Eurozone Composite Purchasing Managers Index (PMI) for the month of November. This indicator revealed a weak growth outlook for the 18-country Eurozone while the disappointment of investors was apparent. November’s Eurozone economic growth The downslope of Eurozone’s growth continued in November […]

It’s not summer holidays what lead to the bad August of the German economy

The second quarter was very disappointing in terms of GDP figures for Germany. The biggest European economy is facing tough times at the moment Russia imposes economic sanctions against the EU. It is now more than necessary for Germany to find a way to climb up to growth but its fiscal policy comes as an obstacle […]