Friday, June 11, 2010

Flash from the past (Sept. 2007): "What's holding back the Eurozone13?"

Going over some of my posts in my old blog I came up with this one, which seems quite relevant today in view of "things":

"What's holding back the Eurozone13?

Eurozone's economy grew by 2.5% (on an annual basis) in the second quarter of 2007 (Q2, April to June) or 0.3% from to the first quarter, after an expansion of 0.7% in the first quarter.

Is it investment or lack thereof, is it systemic reasons, ...? Is it that the single market does not work that well with the Eurozone? Or the exchange rate (strong Euro)?



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