Tag: eurozone

Despite differences with Merkel, Hollande proposes eurozone ‘government’

Despite differences with Merkel, Hollande proposes eurozone ‘government’

May 17, AP – To mark his one year anniversary in office, the French president gave a wide-ranging 150-minute news conference, a day after economic data showed France had slipped into recession. The leaders of the eurozone’s two biggest economies, Angela Merkel and Francois Hollande, insist their ties are strong, despite differing views on Europe’s […]

May 17, 2013 | By More
Eurozone struck in recession struggling economies mired

Eurozone struck in recession struggling economies mired

May 16, AP – Initially it was just the countries at the forefront of the eurozone’s debt crisis, such as Greece and Portugal that were contracting. But the malaise is now spreading to the so-called core countries. Wednesday’s figures showed Germany, Europe’s largest economy, grew by a less-than-anticipated quarterly rate of 0.1 percent while France […]

May 16, 2013 | By More