Tag Archive
aig
banks
bernanke
city
commons
crash
crisis
debt
deflation
demand
demos
depression
eastern europe
ecb
eu
euro
europe
eurozone
financial crisis
france
g20
geithner
great depression
great recession
history
inflation
keynes
london
macroeconomics
mayday
meltdown
merkel
monetarism
movements
neoclassical economics
new classical macroeconomics
obama
ponzi scheme
protests
recession
recovery
riots
sarkozy
toxic assets
trichet
Deflation Hits Eurozone
Eurozone inflation turns negative
By Ralph Atkins in Frankfurt, June 30 2009 11:03
Eurozone annual inflation has turned negative for the first time, complicating the job of the European Central Bank as draws a line under emergency measures to tackle continental Europe’s recession.
Consumer prices in the 16-country eurozone were 0.1 per cent lower in June than [...]
Euroland in Deflation, but Trichet Couldn’t Care Less
EUROZONE INFLATION FALLS TO ZERO
By Ralph Atkins in Frankfurt, May 29, 2009
Eurozone inflation has fallen to zero, the lowest since comparable records began in 1991, and could fall even lower as a result of the region’s severe recession as well as cheaper oil prices.
The annual inflation rate in the 16-country region fell from 0.6 per cent in April [...]