Eurozone inflation has come in slightly stronger than expected, which gives a
small breather to European Central Bank president Mario Draghi ahead of next
week’s monetary policy meeting. However, inflation remains locked in what
Draghi calls the “danger zone” of less than 1%, suppressed by persistently high
unemployment. The spectre of low inflation turning to deflation is what worries
the market. Martin van Vliet, an economist at ING, remains wary: The
higher-than-expected Eurozone “flash” inflation reading for February will reduce
pressure on the ECB to ease monetary policy further next week. Headline
inflation remained unchanged at 0.8%, confounding the consensus forecast for a
small decline to 0.7%. Further falls in food and energy price inflation were
offset by an unexpected increase in the core rate, from 0.8% to 1.0%. This,
however, is unlikely to be sustained. Indeed, with the recovery still fragile
and unemployment elevated (12.0%), albeit no longer rising, wage and underlying
price pressures in the Eurozone are unlikely to start rising anytime soon. We
expect core inflation to fall back again next month, also helped by favourable
base effects (Easter fell in March last year). All this being said, the stable
headline inflation reading coupled with the ongoing signs of economic recovery
provide an argument for the ECB to keep their powder dry next week. To be sure,
if the ECB decides to ease policy anyway, it will probably merely consist of a
small refi-rate cut; the deposit rate would likely stay at zero. European unemployment hits the young hardest Beneath the headline
12.0% figure for eurozone unemployment, grim as it is, are shocking figures on
joblessness among the young. In Greece, 59% of under-25s are out of work and
in Spain the figure is 54.6%. The total European figure is 23.4% and in the UK
it’s 20%. The disproportionate impact of the economic crisis on the young has
raised fears of a lost
generation kept out of the labour force in their formative adult years.
Access Investments-Building Awareness - European Union-ROMANIA
Tuesday, March 4, 2014
Eurozone inflation has come in slightly stronger than expected, which gives a
small breather to European Central Bank president Mario Draghi ahead of next
week’s monetary policy meeting. However, inflation remains locked in what
Draghi calls the “danger zone” of less than 1%, suppressed by persistently high
unemployment. The spectre of low inflation turning to deflation is what worries
the market. Martin van Vliet, an economist at ING, remains wary: The
higher-than-expected Eurozone “flash” inflation reading for February will reduce
pressure on the ECB to ease monetary policy further next week. Headline
inflation remained unchanged at 0.8%, confounding the consensus forecast for a
small decline to 0.7%. Further falls in food and energy price inflation were
offset by an unexpected increase in the core rate, from 0.8% to 1.0%. This,
however, is unlikely to be sustained. Indeed, with the recovery still fragile
and unemployment elevated (12.0%), albeit no longer rising, wage and underlying
price pressures in the Eurozone are unlikely to start rising anytime soon. We
expect core inflation to fall back again next month, also helped by favourable
base effects (Easter fell in March last year). All this being said, the stable
headline inflation reading coupled with the ongoing signs of economic recovery
provide an argument for the ECB to keep their powder dry next week. To be sure,
if the ECB decides to ease policy anyway, it will probably merely consist of a
small refi-rate cut; the deposit rate would likely stay at zero. European unemployment hits the young hardest Beneath the headline
12.0% figure for eurozone unemployment, grim as it is, are shocking figures on
joblessness among the young. In Greece, 59% of under-25s are out of work and
in Spain the figure is 54.6%. The total European figure is 23.4% and in the UK
it’s 20%. The disproportionate impact of the economic crisis on the young has
raised fears of a lost
generation kept out of the labour force in their formative adult years.
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Yatsenyuk Arseniy Petrovych Prime Minister (since 27 Feb 2014) of Ukraine meets with William Hague in Kiev. It must be remembered US and NATO officials have participated in the demonstrations in Kiev, including US Asst SOS Victoria Nuland (she of the F**K the EU telephone call), and Senators McCain (contested Presidential election against Obama representing the Republicans) and Murphy (D-CT). They marched with many demonstrators including racists, anti-Semites, and neo Nazis.
Yatsenyuk is Chairman of the Political Council of the Batkivshchyna ("Fatherland") All-Ukrainian. Yatseniuk does not want Russian to become the second state language in Ukraine.Union
Yatsenyuk is also leader of the“Fatherland” coalition in the absence of jailed leader (now set free) Yulia Tymoshenko.
Yatsenyuk, “as a Christian and a Greek Catholic," rants against gay marriage he is described as a neo-Nazi.
Another smaller component is the Congress of Ukrainian Nationalists, established by the former Nazi collaborator émigré group, the war time Organization of Ukrainian Nationalists (OUM ) which assisted in the extermination of Ukrainian and other Jews. Still another is the Ukrainian National Assembly/Self Defense, which maintains a close relationship with the neo-Nazi National Democratic Party of Germany.
Yatseniuk wants European Union membership for Ukraine. Yatsenyuk believes "because of standards and values and a high level of education, medical treatment, pensions, employment, freedoms, new technologies, and progress", its imperative Ukraine joins the EU. Yatseniuk stated late 2009 that in its relations with the European Union, Ukraine should have a visa-free regime with EU countries.
Apart from anything else he should ask Greece, Spain, Ireland, Italy, Cyprus & Portugal how the EU has destroyed their countries leaving only misery & despair and no future!
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