I have written a piece on Greece but it is not yet translated in English (It will be later today).
If you read French then check on my French blog Grèce – Dernière ligne droite ?
Be patient, it will be ready in English on Friday morning
On the same topic
The German saving rate doesn’t depend on the ECB interest rates
There is a lot of talks about the German savings rate, which is supposed to have increased recently in response to the drop in interest rates, notably the ECB rates.…
The German recession is here
The risk of recession is increasing in #Germany. The figures for industrial production (-7.5% in Q2 at annual rate (see here)) set the context for the GDP figure to be…
Recession in Germany
German production fell -1.8% in June over one month (excluding construction). It has fallen in 5 of the last 6 quarters and in Q2 the decline is -7.5% annualized rate.…