|by Brian Maguire, Editor, Brussels, 24 May, 2012 2:30 AM GMT+0100|
|“The United States and the European Union face common economic challenges that require us to work even harder to enhance the competitiveness of our economies and workers and to support more and better jobs for our peoples,” said U.S. Trade Representative Ron Kirk.|
Speaking at the London School of Economics, Kirk remarked: “As we continue to recover from the worst recession since the Great Depression, a consensus has emerged on both sides of the Atlantic that we can – and we should – do even more to tap the full potential of this extraordinary relationship to boost our growth, support more and better jobs, and to help meet the competitive challenges of the coming decades.”
Thursday, 24 May 2012
Tuesday, 15 May 2012
The German economy has staged an impressive comeback in the first quarter. According to a first estimate of the statistical office, the Eurozone's biggest economy grew by 0.5% QoQ, from -0.2% in 4Q 2011. Compared with 1Q 2011, this is an increase of 1.7%.
The decomposition of growth will only be released at the end of the month but according to the press statement of the German statistical office and available monthly data, exports should have been the main growth driver. Consumption could have also added to growth, while investment should have been down. Read More...
Posted by EBX News at 06:05
Friday, 4 May 2012
Thursday, 3 May 2012
At Thursday's meeting in Barcelona, the ECB left interest rates unchanged. The ECB looks set to keep rates unchanged for a long while. ECB president Draghi's main message could be an inconvenient truth for those hoping for a quick fix of the euro crisis... ...read more
Posted by EBX News at 11:02