Eurozone heads for further financial trouble
The impact of the economic crisis is still being felt in the eurozone with a lack of growth and high unemployment especially among the young. Now the European Central Bank seems to be indicating that it will tackle a deteriorating financial situation in some countries by further cuts in interest rates which could generate yet more problems.
<i>European monetary policy has changed tack again. The European Central Bank, having announced for the last year that everything is under control and recovery is slowly underway, has now revealed a new round of quantitative easing and possibly lower interest rates. Germany’s Bundesbank has endorsed this strategy. Yet, it is not obvious that...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.