Tag Archives: Jean-Claude Trichet

Eurostat: Eurozone debt actually decreasing

…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

Advertisement

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

Trichet’s troubling interest rate hike

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

Posted in article, eurozone series | Tagged , , , , , | 1 Comment

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

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

Posted in article, eurozone series | Tagged , , , , , , , , , | Leave a comment