Arnaud Montebourg "Deficit: Europe must change course"
There are ten days, you said in Berlin that the deficit was “incidental”. This is no longer the case? …
View ArticleLuxury Goes Vertical in Frankfurt as High-Rises Spread
Demand is concentrated in the 32-square kilometer (12-square mile) center, an area about half the size of Manhattan. While the density of 6,000 residents per square kilometer is half of London’s and...
View ArticleMomentous EU Summit
There are two big issues for the EU heads of state meeting at the end of this week: A review of the fiscal plans and structural reforms of member countries and the appointment of the [...]
View ArticleFrance, Italy join forces against ‘high priests of austerity’
The left-wing leaders of France and Italy launched an offensive Tuesday against strict EU budget policies, warning two days ahead of a key summit that austerity was holding back economic growth. Top...
View ArticleGreece PM: Will Seek Early Exit From IMF Bail-Out Loans
Greece will seek to conclude its financial arrangements with the International Monetary Fund earlier than expected, Prime Minister Antonis Samaras said Tuesday. Speaking during a joint press conference...
View ArticleGermany on defensive as criticism of economic course mounts
German Finance Minister Wolfgang Schaeuble put on a brave face at the end of IMF meetings in Washington this weekend, dismissing suggestions that Berlin had come under pressure to shift its economic...
View ArticleFrance will cut deficit at appropriate pace: Sapin
French Finance Minister Michel Sapin reaffirmed ahead of a meeting in Berlin with his German counterpart on Monday that France would cut its deficit at a rate appropriate to maintaining a fragile...
View ArticleFrench Ministers Visiting Berlin to Reassure on Budget
France’s finance and economy ministers fly to Berlin today to try to convince their German counterparts of their plans to improve competitiveness and to press for more investment. “There is a desire...
View ArticleMario Draghi’s German problem
In early October, European Central Bank board member Benoit Coeure paid a discreet visit to the Chancellery in Berlin to express concerns about rising criticism of the bank from German politicians. The...
View Article3 Numbers: Germany’s disinflation woes, US jobless claims, US retail
The weak Eurozone economy is back in focus today with the expected news that we’ll see data from Berlin confirming that Germany’s inflation rate decelerated last month. Later today, two reports will...
View Article
