Viewed from one perspective, the euro area is a minor miracle. Instead of collapsing in a heap, as seemed possible two years ago, the currency club is not just intact but has a new member, Latvia, which joined in January.
Showing posts with label double-dip recession. Show all posts
Showing posts with label double-dip recession. Show all posts
Monday, April 7, 2014
Sunday, September 23, 2012
UK government borrowing rises to record August high
George Osborne's debt reduction plans took another blow last month as government borrowing hit its highest on record for any August.
Monday, July 30, 2012
U.S. job growth, economy stuck in doldrums
WASHINGTON (MarketWatch) — Slackening U.S. and global growth likely means the nation’s unemployment rate will remain stuck around 8%, reducing the odds of a faster economic recovery kicking in before the end of the year.
Monday, April 30, 2012
Recovery hopes hit by two-way pull
Deepening confusion over the health of the recovery looms this week as the latest snapshots of Britain's major industries point to steady growth, despite official figures plunging the UK into a double-dip recession.
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