martes, 2 de septiembre de 2014

If Germany, France and Italy cannot find a way to refloat Europe’s economy, the euro may yet be doomed


That sinking feeling (again)

If Germany, France and Italy cannot find a way to refloat Europe’s economy, the euro may yet be doomed.

The Economist looks at how a banking and sovereign-debt crisis has decayed into a growth crisis that is now enveloping the three biggest economies:
  • Germany is teetering on the edge of recession, 
  • France is mired in stagnation, and 
  • Italy’s GDP is barely above its level when the single currency came in 15 years ago.







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