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Banking

Eurowrap 20/11/12

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


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. Do you think that the programme really works in Greece? Do you see it as a kind of failure for IMF?” 

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