More pain for France, Hollande wants austerity. French President Francois Hollande asked his prime minister this week to form a new government, looking to impose his will on the cabinet after rebel leftist ministers had called for an economic policy […]
A deflationary stagnation is coming. Germany’s economy shrank in the second quarter and France continued its no growth performance. Some have blamed the tit-for-tat sanctions with Russia, others may not be so sure.
Last week it was reported that, Europe’s largest […]
EU unemployment skyrocketing. Unemployment across the 17 European Union countries that use the euro has struck 12 percent for the first time since the currency was launched in 1999. Eurostat, the E.U.’s statistics office, said the rate in February was […]