Well said Deus Nexus and excellent points. I can only concur with what he is saying in regards to this news. - For All
Tags » Bundesbank
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German industrial production data has failed to match the expectations of analysts, as the country faces lower growth next year
Germany’s factories posted a meagre rise in output this November, as the slumping euro failed to lift exports.
Although the German economy faces going into recession in the New Year, the Bundesbank thinks industrial output will show some signs of recovery.
The bank admits that the German economy lost considerable momentum in the second and third quarters of 2014. 31 more words
European equities have lost their momentum yesterday, mostly closing on red, although the ECB Vice President Vitor Constancio sent a strong signal that ECB could start full-blown QE, if it decides that more aggressive stimulus measures are needed. 347 more words
European Central Bank President Mario Draghi speaking at the economic and monetary affairs Committee of the European Parliament last Monday, made at least two direct references to additional monetary measures, to confront the anaemic economic conditions in Eurozone, “if warranted to achieve price stability over the medium term”. 1,002 more words