Based on expectations in various key sectors of the EU economy, inflation is expected to increase across the Eurozone as a whole. This is due: 1) At the expected higher energy prices. 2) In the wider increase of all prices of commodities and food, respectively. 3) The rise in prices due to increased levels of …
Tag: eurozone
Debt ‘Chokes’ Eurozone/EU
After the end of the Covid-19 pandemic, both the Commission and the governments of the euro area member countries will face thorny problems in their management such as dealing with the growing debt, public and private respectively, which is currently accumulating with the help of the ECB and the member countries that “absorb” it to …
Magic Picture the Drastic Reduction in the Percentage of Bankrupt Businesses in the EU
The repeated economic shutdowns and social dimensions imposed on EU member countries during 2020, which will continue into the second half of 2021 and until 70% of their populations are vaccinated, have caused untold damage to millions of businesses (family, small and medium-sized and large) in the catering-hotel sectors, tourism, air transport, retail trade, etc. …
Is it Time for the Eurozone/EU to Issue A Perpetual Bond?
Global debt has reached 365% of world annual GDP, an amount close to $280trillion and surely no one should expect this amount to be repaid within the space of a century. The only solution that seems feasible now is its unstoppable per-financing, although in the long term this solution is not sustainable, since it has …
The Eurozone/EU Economy for the forthcoming Decade (2021-2030)
The Eurozone & EU economy equally is expected to start recovering by the end of Q3 2021. But until then the economies of the euro area member countries will be characterized by high budget deficits in their annual government budgets, by high public debts (in some euro area member countries general government debt will exceed …
The Eurozone/EU Economy for the Next Decade (2021-2030)
The Eurozone & EU economy equally is expected to start recovering by the end of Q3 2021. But until then the economies of the euro area member countries will be characterized by high budget deficits in their annual government budgets, by high public debts (in some euro area member countries general government debt will exceed …
The Problematic Course of the Eurozone (EU) Economy and the Proposed Corrective Policies
The indications to date for the euro area economy raise reasonable concerns, increasingly removing the scenario for a recovery of its V-shaped economy and increasingly approaching the scenario of slow and uneven K-shaped growth. At the same time, the governments of the euro area member countries are particularly concerned about the further recession that the …
The Inequality of Borrowing Cost Rates in the Eurozone
The European Central Bank (ECB) recently published data on the borrowing rates of households, businesses and the overall long-term borrowing costs respectively for both the Euro area and each of its member countries (Source: ECB, https://data.europa.eu/euodp/en/data/publisher/ecb). What continues to trouble us from the graphs below is the fact that a Eurozone of different speeds appears …
The Proper Way to Organize and Manage the Development (NSRF) Funds in order to achieve Growth in the Eurozone
In order to achieve a balanced development across the Eurozone, there should be a combination of centralized control and management of the available funds for development (the National Strategic Reference Framework (NSRF) documents are the EU funds at national level) by the Commission. At the same time there should be a centrally coordinated management and …
The Sustainable Solution for the Eurozone (EU) Economy – Part II
The European Commission and in general the EU rightly has set specific fiscal limits on the budgets of the member states of the Eurozone through the: Treaty of the European Union, Feb. 1992, widely known as the Maastricht Treaty-December, 1991 (Source׃ EU https://europa.eu/eu-law/decision-making/treaties/pdf/treaty_on_european_union/treaty_on_european_union_el.pdf, 29/7/2015, Brussels_Luxemburg 1992), and the Stability and Growth Pact (November, 2011) (Source׃ …