The danger now is that a negative feedback loop between economies and markets will take hold.
The euro may be approaching another crisis. Italy, the eurozone’s third largest economy, has chosen what can at best be described as a Eurosceptic government.
Growth in the eurozone slowes in the first quarter this year, data shows
German Chancellor Angela Merkel’s conservatives and the Social Democrats (SPD) yesterday agreed to a coalition deal.
Economists call for new fiscal rules and the creation of an independent watchdog.
Catalonia counts 5th of Spanish GDP, and Spain counts 4th EU’s largest economy.
The European Commission unveils its vision of a rebooted eurozone, including the creation of a European version of the IMF.
Eurozone stocks edge up slightly as investors wait for policy signals from the ECB, while losses in the mining sector and domestic growth figures hold down the FTSE 100.