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Thursday, April 4, 2013

Follow LIVE the ECB Press Conference

Click on the link to see the ECB press conference following the meeting of the Governing Council of the ECB on April the 4th at 2.30 CET ( 8.30 EST).



 
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Interesting datas on European economy

Here are some graphics that helps understanding why European economy is sinking and sooner or later, the northern countries will have to admit austerity measures will not be effective unless there will be a solid growth of the real economy in all the euro zone, including the peripheral southern countries. Not understanding this will bring the crises to the core of the euro zone (Germany, France, The Netherlands).

INFLATION RATE

quick view chart

Inflation rate is pointing down, the ECB succeded in keeping inflation below 2%, hopefully will not get to the point where inflation becomes deflation or stagflation. I think deflation is the most probable scenario, facing the fact that the economy isn't really showing signals of increasing and a rate hike is not very probable at least till mid 2014.

GDP

quick view chart

UNEMPLOYMENT RATE ( AS A % OF THE LABOR FORCE)

quick view chart


In the next two graphs is pretty clear how the sub-prime 2008 crises that took place in the US was spreading over the European banking system and, from there, to the single European nations.

GOVERNMENT DEFICIT/SURPLUS (% OF GDP)

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GOVERNMENT DEBT ( % OF GDP)

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Meanwhile, citizens of Europe and the UK are paying with increasing austerity measures and taxes keep on being raised.

Source. European Central Bank

  

 
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Saturday, March 16, 2013

European Economy Sinking while governors keep on talking

Video from The Wall Street Journal Site; sometimes you get a better view if you're looking from farther away.



 
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Thursday, March 7, 2013

Follow LIVE the ECB press conference

Here is the link to follow the ECB press conference following the meeting of the Governing Council on March the 7th at 2.30 p.m. CET ( 8.30 a.m. EST)



 

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Wednesday, January 9, 2013

Follow LIVE the ECB Press Conference

Here is the link to watch LIVE the ECB press conference on January the 10th at 2.30 p.m. CET :





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Tuesday, December 11, 2012

Follow LIVE President Ben Bernanke press conference


Live stream videos at Ustream



                                                                
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Wednesday, December 5, 2012

Follow LIVE the ECB press conference

Here is the link to be redirected to the ECB press conference following the meeting of the Governing Council of the European Central Bank. The conference will take place on December the 6th 2012 starting at 2:30 p.m. CET
                                                               

                                                                ECB press conference



                                                                                                                                 

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Thursday, November 8, 2012

Follow the ECB rate Decision

Following the ECB rate decision , President Mario Draghi and Vice-President Vìtor Constancio will held the usual press conference in Frankfurt.
The press conference is scheduled for November the 8th at 2.30 p.m. CET.
                                 

                                                        Follow LIVE the ECB press conference