Eurowrap 20/11/12

Europe has a bad night


Another night of poor European data.

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The risk of Greece leaving the eurozone has somewhat receded 


According to Michael Arghyrou, senior lecturer in economics at Cardiff Business School.

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Common currency recession: eurozone woes fuel immigration to Germany


More than half a million people arrived in Germany from abroad from January to June this year – some 66,000 more than the first half of 2011.

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Today’s Greek debt talks aren’t about Greek debt, but the IMF’s credibility 


“Greece has been bailed out since 2010, and the GDP during the third quarter of this year got worse.