#GoodNews € rising, Euro-zone unemployment at lowest level in 3years

kbrumann

GoodNews: The Euro is rising, Euro-zone unemployment is at its lowest level in 3 years and German unemployment is at a 24 year low: http://goo.gl/XFKqoF

pertgave

Happy Council of Europe Day! The EU's GDP growth forecast indicates improvement from 1.4% in 2014 to 1.8 % this year and to accelerate to 2.1% in 2016.

The fiscal outlook is improving, too. in the euro area, the deficit is forecast to fall from 2.4% of GDP in 2014 to 2.0% this year.

Generali

It really does look like things are turning around quickly across the Northern Hemisphere now.

The next problem is taking interest rates from ~0% to ~5%.

antrobus

kbrumann wrote: »

GoodNews: The Euro is rising, Euro-zone unemployment is at its lowest level in 3 years and German unemployment is at a 24 year low: http://goo.gl/XFKqoF

It's not that good;

Eurozone unemployment rate remained unchanged for a second straight month in March, at its lowest level in nearly three years. The seasonally adjusted jobless rate was 11.3%, unchanged from both February and January. Economists had forecast a decline of 11.2%.

Sapphire

Hopefully if conditions improve on mainland Europe, there will be less incentive for economic migrants from there to come here in droves. Wish the same could be said for economic migrants from outside Europe.

I find the situation quite terrifying, personally. We seem to be sleepwalking our way into catastrophe…

cells

Generali wrote: »

It really does look like things are turning around quickly across the Northern Hemisphere now.

The next problem is taking interest rates from ~0% to ~5%.

The natural state of an advanced developed economy with an expected peace and certainty is for 0% rates

fundamentally interest rates are how an economy decides how far into the future to invest

antrobus

cells wrote: »

The natural state of an advanced developed economy with an expected peace and certainty is for 0% rates

fundamentally interest rates are how an economy decides how far into the future to invest

Time value of money.

Valar morghulis.

pertgave

GoodNews: German Industry’s order books grew by 1.4% on the month in April, beating Reuter's expectations of 0.5% - http://goo.gl/dqr6Oy - The stimulus comes mainly from the economic upswing in the Euro-zone.

Generali

pertgave wrote: »

GoodNews: German Industry’s order books grew by 1.4% on the month in April, beating Reuter's expectations of 0.5% - http://goo.gl/dqr6Oy - The stimulus comes mainly from the economic upswing in the Euro-zone.

You really are quite excited by this news. Good for you.