Here is the collection of articles related to European Economy
Economy, Europe. 20 September, 2012, 16:27 Euro area flash PMIs point to sharpest contraction since the crisis
Contraction of euro area continues, the latest flash PMIs show.
Economy, Europe. 20 September, 2012, 1:55 Mariano Rajoy waiting for markets to force his hand
By not requesting aid soon, Mariano Rajoy will be forced to request aid by the markets when yields rise again.
Economy, Europe. 18 September, 2012, 0:49 Europe’s Balance of Payments account shows sizeable portfolio inflow
Euro area recorded €24.3 billion portfolio investment inflow in July.
Economy, Europe. 10 September, 2012, 22:04 New twists and turns in the Euro crisis: German court and Greece
New claim was brought to German Constitutional Court, while Greek coalition government has railed to agree on more savings.
Economy, Europe. 10 September, 2012, 10:04 CDS spreads of key Euro area countries hit 2012 low
Key CDS spreads of euro area countries hit new low after Draghi’s action.
Economy, Europe. 6 September, 2012, 21:44 ECB creates a new acronym: OMTs (Outright Monetary Transactions)
ECB new bond-buying programme will be called Outright Monetary Transactions (OMTs)
Economy, Europe. 3 September, 2012, 16:25 Euro area manufacturing PMIs point to continued contraction in August
Eurozone manufacturing PMI increased from 44.0 to 45.1 in August, but remains firmly in contraction.
Economy, Europe. 31 August, 2012, 19:15 Miserable Euro area: Misery Index hovers at record high
Misery Index for Euro area is hovering at record high, showing that Euro area feels very miserable.
Economy, Europe. 31 August, 2012, 17:12 Euro area unemployment rate stayed at 11.3% in July
Euro area unemployment stayed at 11.3% in July.
Economy, Europe. 30 August, 2012, 16:06 China will buy European bonds, says WJB, while Paul Donovan is not impressed
German Chancellor Angela Merkel is in China, and Chinese Premier WJB is expressing interest in buying European bonds after fully evaluating the risks (via WSJ Chinese), something that is done every once in a while for the peripheral Europe, and is just part of the recurring “China will save the world” theme. Only that China [...]
Economy, Europe. 28 August, 2012, 21:50 Spanish banks recorded sizeable deposits outflow in July
Spanish banks have lost about €74 billion of deposit in July.
Economy, Europe. 28 August, 2012, 10:17 3 things need to happen before ECB starts bond buying
The ECB is unlikely to come in the coming meeting scheduled next week.
Economy, Europe. 27 August, 2012, 16:09 German IFO business confidence came in weak for August
German IFO survey came in weak for August.
Economy, Europe. 26 August, 2012, 22:47 Bundesbank’s Jens Weidmann said NEIN to bond-buying, says Der Spiegel
Predictably, Jens Weidmann of Germany’s Bundesbank opposes bond-buying.