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Katie Edwards

Euro-zone stabilisation: Not countercyclical enough, then or now | The Economist - 0 views

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    This article examines the effectiveness of fiscal policy in the stabilization of the Euro-zone. It includes the view of various European economists, on the issue of what role fiscal policy should play in repairing surplus and inflation in Europe.
Monique T

European joblessness: Armies of the unemployed | The Economist - 3 views

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    This article discusses the problems of unemployment around the world - while unemployment is leveling off in the United States, it continues to increase in the Euro Zone, which is suffering from economic problems.
Sebastian van Winkel

Switzerland abandons floating exchange rate in dramatic 'currency war' twist - 0 views

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    The Swiss national bank (SNB) said it would "no longer tolerate" a euro rate below 1.20 francs. "The SNB will enforce this minimum rate with the utmost determination and is prepared to buy foreign currency in unlimited quantities. The massive overvaluation of the franc poses an acute threat to the Swiss economy and carries the risk of a deflationary development," it said.
Nadiya Safonova

Unemployment and Inflation Rise in Euro Zone - 1 views

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    This article disscuses the rising rates of unemployment as well as a rising rate of inflation at the same time in the eurozone. This goes to show that sometimes, when you are trying to mend both, both can end up going in the wrong dirrection and causing a very unhealthy economy
Ya Hsuan

The euro in a shrinking zone - Global Public Square - CNN.com Blogs - 0 views

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    This article discussed how Robert Skidelsky, a member of the British House of Lords, is Professor Emeritus of Political Economy at Warwick University. For more from Skidelsky, visit Project Syndicate or follow it on Facebook and Twitter. By Robert Skidelsky, Project Syndicate The recent European Union summit was a disaster.
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    It is about how European Union summit was a disaster, and that the debts of the government has been mounting up. Therefore, they are thinking of plans for the future to make the eurozone stay, survive and not dealing with economic downfall.
Monique T

Eurozone inflation hikes up unexpectedly | The Toronto Star - 1 views

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    This article discusses the increase in inflation that is occurring in the Eurozone, even though the economic conditions are weak. The article cites high energy and transport costs as one of the reasons inflation increased. This inflation affects consumers because they must pay higher prices to buy items that they require.
Hannah S

Not favouritism, just error - 0 views

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    Jan 11th 2012, 15:07 by C.O. | LONDON SCOTT SUMNER recently wrote a nice post entitled "The myth of the pro-German ECB". I disagree with his argument that the Balassa-Samuelson effect explains higher inflation rates in the European periphery (isn't this effect based on productivity gains in the tradables sector?), but in my view he is right on his main point: monetary policy by the ECB was too tight for Germany. This article is about how Germany seems to be the only country in the eurozone not failing because of the reduction in aggregate demand from the euro. It explores the reasons for this.
Adam C

EU Unemployment seeks 15 Year HIGH!! - 0 views

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    This article discusses how the euro zone has hit a slump and reached a 15 year high of unemployment levels. the level has risen to 10.8% which is completely detrimental to the economy.
Dan Call

Eurozone Unemployment spikes to record 10.8% - 2 views

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    This article talks about the increasing rate of unemployment across the EU. Although there is a record spike in the last month, unemployment has been rising in every area for a number, and the article discusses likely results and factors leading to this issue.
Hannah S

Multiple equilibria - 3 views

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    This article shows how demand for Italian bonds are falling even though prices are falling. This is because they are becoming far too low and until the yield falls again there will be a decrease in demand.
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    In the article the demand for Italian bonds is examined and is shown to deviate from the standard demand relations. As shown in the chart in the article, at a certain point when the price of Italian bonds increase, the demand falls. The author of this article dubs this anomaly as a zone of vulnerability.
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    This article is about Italian Bonds. For the demand curve (and also the supply curve), there are multiple equilibria. This can be dangerous, because when the yields rise, de Italian debt may be unsustainable.
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    Due to the unique shape of the demand curve there may be two or more places where the market is at equilibrium. This means that producers may be able to vary their prices more and still be able to get the highest possible profit from their products.
subhashini

The ECB presses - 0 views

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    Aug 8th 2011, 14:29 by R.A. | WASHINGTON TODAY'S biggest news is the word that the European Central Bank is intervening in European debt markets in force, buying up Spanish- and Italian-government debt. The ECB spent last week expressing reluctance to take this step, but without it, the euro crisis threatened to spin irretrievably out of control.
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