Tag Archives: Jean-Claude Trichet

Eurostat: Eurozone debt actually decreasing

Posted on 9 February 2012 by craigjameswilly

…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 →

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Trichet’s troubling interest rate hike

Posted on 9 April 2011 by craigjameswilly

So Jean-Claude Trichet, head of the European Central Bank, has decided to raise the Eurozone’s main interest rate for lending from 1% to 1.25%. The last increase was back in July 2008. Hikes to 1.75% are expected by the end … Continue reading →

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“Homeopathic Economics”: Thoughts on the new E.U./U.S. economic figures and the Eurozone crisis

Posted on 4 December 2010 by craigjameswilly

There’s been so much economic news recently it’s been hard to keep track of what going on, particularly because of the intense focus of catastrophic cases like Ireland and Greece. In order to help order my own thoughts, in this post … Continue reading →

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