Eurozone Economy Stagnant........

[melias shoes]

With the German economy shrinking by 0.2%. Will probably go on to affect us in the coming months.

 

[Leekbrookgull]

Please don't tell Ed Balls.

 

[Prince Monolulu]

Should help with interest rates

 

[Pavilionaire]

Somebody needs to tell our electorate. There's too many people taking the UK economic recovery for granted, with the Lib Dems and Tories getting a shoeing from UKIP and the Red Ed dreamers. This coalition have performed a miracle.

 

[melias shoes]

Uk GDP rose by 0.9% in the last quarter and by 0.6% in the previous quarter. While Eurozone is slipping back into crisis. Possibly dragging us with it.

 

[Bry Nylon]

Should help with interest rates

In what respect? I assume you are a saver and looking for rates to go up?

 

[Herr Tubthumper]

This wouldn't happen in Germany!

WHAT?

 

[Beach Hut]

And there was I awaiting a flippant comment from our resident German champagne socialist.

Seems like Gideon was right all along with austerity as Hollande does not like it.

 

[Pavilionaire]

Uk GDP rose by 0.9% in the last quarter and by 0.6% in the previous quarter.

As George Osborne would say: "Vorsprung durch Technik".

 

[Bry Nylon]

Economic union via the Euro currency has been a disaster for the powerhouse economies of Europe that joined. If Germany could liberate itself from the Euro and revert to its own currency it would be flying.

 

[melias shoes]

Economic union via the Euro currency has been a disaster for the powerhouse economies of Europe that joined. If Germany could liberate itself from the Euro and revert to its own currency it would be flying.

I bet deep down they would love to.

 

[Leekbrookgull]

Economic union via the Euro currency has been a disaster for the powerhouse economies of Europe that joined. If Germany could liberate itself from the Euro and revert to its own currency it would be flying.

Never rule it out.

 

[melias shoes]

This wouldn't happen in Germany!

WHAT?

WHAT Indeed. I bet you thought this had gone unnoticed!

 

[jakarta]

If the Euro implodes a huge amount of political careers are finished, as is the EU to all intents and purposes so won't hold my breath on it going any time soon.

 

[Bry Nylon]

Economic union via the Euro currency has been a disaster for the powerhouse economies of Europe that joined. If Germany could liberate itself from the Euro and revert to its own currency it would be flying.

I bet deep down they would love to.

Never rule it out.

I think there comes a point where you have to accept that the Euro project has failed and economic union simply cannot work without full political union which simply will not ever happen.

Sure, it suits the basket case economies who couldn't develop a monetary policy and stick to it if their lives depended on it. But for the decent economies it is a millstone that will continually drag them down in terms of competitiveness and the ability to built budget surplus. Madness.

 

[Vegas Seagull]

This wouldn't happen in Germany!

WHAT?

Two thick hardbacks out this week saying Germany is heading for oblivion

 

[Vegas Seagull]

In what respect? I assume you are a saver and looking for rates to go up?

Staying low, saving Base+ mortgage payers a fortune

 

[Bry Nylon]

Two thick hardbacks out this week saying Germany is heading for oblivion

Crazy isn't it? Germany has a fantastic balance to its GDP with a healthy mix across Services, high quality Manufacturing, Tech and finance. Yet its inability to establish its own Monetary policy will slowly kill the prosperity.

 

[melias shoes]

I think there comes a point where you have to accept that the Euro project has failed and economic union simply cannot work without full political union which simply will not ever happen.

Sure, it suits the basket case economies who couldn't develop a monetary policy and stick to it if their lives depended on it. But for the decent economies it is a millstone that will continually drag them down in terms of competitiveness and the ability to built budget surplus. Madness.

Bravo. Well said Sir.

 

[Prince Monolulu]

Staying low, saving Base+ mortgage payers a fortune