Tuesday, November 15, 2011

Europe - good news and bad news

I don't know about you guys but I needed some good news today so I was happy to see this article in the new york times that says that "the european economy grew slightly in the third quarter" driven by France and Germany mostly.

Unfortunately I read this special report from the economist after, which was much less positive, though very interesting. In this article it says that the euro crisis might wake Europe up but what is more likely according to Edward Carr is compromise and the decline of the euro. However dark this article seemed to be, it was also a very interesting vision of the current situtation of the euro and I suggest that you read it.

Sources:
http://www.economist.com/node/21536872
http://www.nytimes.com/2011/11/16/business/global/european-economy-grew-0-2-percent-in-3rd-quarter-helped-by-france-and-germany.html?_r=1&ref=global-home

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