Tuesday, August 16, 2011

Economic Growth Slowed Down in Euro Zone Last Quarter

link here to article

Slower economic growth in Germany and France may make it more difficult for the two largest Euro Zone countries to deal with the current debt crisis. Greece is still in recession and growth has been negative in Portugal and slow in Spain. That will make it more difficult for them to deal with their debt burdens since tax revenues are correlated with economic growth.

No comments:

Post a Comment