Is this pessimistic or reality given the economic state of Greece, Portugal and Spain. At what cost is Germany prepared to support the Euro?
Read more: Euro given '20% chance of survival' - CEBR | This is Money
Showing posts with label Euro. Show all posts
Showing posts with label Euro. Show all posts
Friday, 31 December 2010
Wednesday, 24 November 2010
Wednesday, 16 June 2010
Help Member States break free from this economic prison of nations - Nigel Farage MEP
Whilst I'm not a supporter of the UKIP party, Nigel Farage does make some good speeches in the EU Parliament which contain some valid points. This is one he has given in the parliament today.
Some of the comments made are interesting to read.
It's good to see him fit and well after his plane crash. He refers to it briefly in the video.
Some of the comments made are interesting to read.
It's good to see him fit and well after his plane crash. He refers to it briefly in the video.
Tuesday, 16 March 2010
Euro area annual inflation down to 0.9%
Eurostat, the statistical office of the European Union today issued the lattest figures for Februaury 2010.
The annual inflation rate for the Euro area was 0.9% in February 2010, down from 1.0% in January. A year earlier the rate was 1.2%. the monthly inflation was 0.3% in February 2010.
For the EU the annual inflation was 1.4% in February 2010, down from 1.7% in January. A year earlier the rate was 1.8%. Monthly inflation was 0.3% in February 2010.
In February 2010, the lowest annual rates were observed in Latvia (-4.3%), Ireland (-2.4%) and Lithuania (-0.6%), and the highest in Hungary (5.6%), Romania (4.5%) and Poland (3.4%). Compared with January 2010, annual inflation fell in fifteen Member States, remained stable in five and rose in five.
Spain had the average rate of 0.9%.
The lowest 12-month averages4 up to February 2010 were registered in Ireland (-2.2%), Portugal (-0.9%) and Estonia (-0.6%), and the highest in Romania (5.3%), Hungary (4.6%) and Poland (4.0%).
For the Euro area the main components with the highest annual rates in February 2010 were alcohol, tobacco and transport (both 4.3%) and miscellaneous goods & services (1.8%), while the lowest annual rates were observed for food (-1.1%), communications (-0.6%) and recreation ; culture (-0.3%)
The main components with the highest monthly rates were clothing (1.7%), recreation & culture (1.1%), communications and hotels & restaurants (both 0.4%), while the lowest were health and transport (both 0.0%)
Eurostat
The annual inflation rate for the Euro area was 0.9% in February 2010, down from 1.0% in January. A year earlier the rate was 1.2%. the monthly inflation was 0.3% in February 2010.
For the EU the annual inflation was 1.4% in February 2010, down from 1.7% in January. A year earlier the rate was 1.8%. Monthly inflation was 0.3% in February 2010.
In February 2010, the lowest annual rates were observed in Latvia (-4.3%), Ireland (-2.4%) and Lithuania (-0.6%), and the highest in Hungary (5.6%), Romania (4.5%) and Poland (3.4%). Compared with January 2010, annual inflation fell in fifteen Member States, remained stable in five and rose in five.
Spain had the average rate of 0.9%.
The lowest 12-month averages4 up to February 2010 were registered in Ireland (-2.2%), Portugal (-0.9%) and Estonia (-0.6%), and the highest in Romania (5.3%), Hungary (4.6%) and Poland (4.0%).
For the Euro area the main components with the highest annual rates in February 2010 were alcohol, tobacco and transport (both 4.3%) and miscellaneous goods & services (1.8%), while the lowest annual rates were observed for food (-1.1%), communications (-0.6%) and recreation ; culture (-0.3%)
The main components with the highest monthly rates were clothing (1.7%), recreation & culture (1.1%), communications and hotels & restaurants (both 0.4%), while the lowest were health and transport (both 0.0%)
Eurostat
Saturday, 6 February 2010
Is Europe heading for a debt meltdown? | This is Money
Stock markets tumbled worldwide yesterday amid fears that crippling debt levels in southern Europe could destabilise the euro and derail economic recovery.
Portugal and Spain became the latest Eurozone countries to cause a panic among investors, as economists cast doubt on their ability to control their national debt.
Some economists say the turbulence in Europe could be enough to tilt the UK back into recession.
Full Article: Is Europe heading for a debt meltdown? | This is Money
Portugal and Spain became the latest Eurozone countries to cause a panic among investors, as economists cast doubt on their ability to control their national debt.
Some economists say the turbulence in Europe could be enough to tilt the UK back into recession.
Full Article: Is Europe heading for a debt meltdown? | This is Money
Friday, 20 March 2009
64% of Britons do not support joining the Euro
In a recent poll carried out by COM RES on behave of the BBC Daily Politics Show, when asked if "The current economic crisis has made me more likely to support Britain joining the euro" 64% of Britons disagreed.
84% of those asked agreed that "The British people should decide in a vote before Britain transfers any further power to the European Union".
To the statement "Britain benefits overall from membership of the European Union in terms of jobs and trade" only 44% agreed with it whilst 55% agreed that "Britain should leave the EU but maintain close trading links"
84% of those asked agreed that "The British people should decide in a vote before Britain transfers any further power to the European Union".
To the statement "Britain benefits overall from membership of the European Union in terms of jobs and trade" only 44% agreed with it whilst 55% agreed that "Britain should leave the EU but maintain close trading links"
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