Eurowrap 25/10/12

A focus on the key news and analysis surrounding the eurozone crisis


The grey economy: Europe’s €1.5 trillion-a-year black hole

How austerity could backfire. 

Click here for the full story


Austerity Grinch steals Europe’s Xmas

More good news for austerity.

Click here for the full story


Eurozone debt hits 90% of its economy 

In spite of years of harsh spending cuts and tax increases, Europe’s debt problems are getting worse.

Click here for the full story


Europe won’t begin to emerge from debt crisis for at least another 18 months 

Says Goldman Sachs chief European economist Huw Pill. 

Click here for the full story