Tag Archives: euro crisis

Eurostat: Eurozone debt actually decreasing

Posted on 9 February 2012 by

…last year. Between June and September 2011, the debt of eurozone governments as a percentage of GDP fell from 87.7% to 87.4%. The recovery’s combination of GDP growth, rising revenue, and falling unemployment meant debt was falling at an annualized … Continue reading →

Posted in article, eurozone series | Tagged , , , , , , | 2 Comments

German official ‘simply doesn’t understand’ rest of world

Posted on 6 February 2012 by

Gideon Rachman of the FT has great run-down of his recent conversations with German officials and diplomats. There is considerable impatience with the Davos-led, Lagarde-Cameron-Geithner line that Germany has to throw more money at the problem, by building a bigger … Continue reading →

Posted in eurozone series, pointer | Tagged , | 2 Comments