Crisis, after two years also stops in Germany. France EU … – The Republic

The German GDP falls by 0.2% in the first stop In 2012 growth from zero growth for the second quarter in a row, the Paris appeals Union suitable because the pace of reduction of the public deficit to the current economic situation. Eurostat: “The eurozone is not growing and inflation falls”

ROMA – After Italy as well as Germany and France show signs of the crisis: worse than pulling down the entire Eurozone than in the second quarter of the year recorded zero growth, while in July the ‘Inflation is negative compared to June. A demonstration that the crisis is far behind: “We are facing a mixed picture, and as we have always stressed the nature of the recovery is fragile. The data must be considered in an economic framework for the medium term and it is important to implement the reforms, “said a spokesman for the EU Commission.

Germany. For the first time in two years, the German economy recedes as anticipated ZEW index. Germany’s GDP falls by 0.2% in the second quarter of 2014 compared to the previous quarter with a worse than expected figure that indicated a possible decline of -0.1%. Growth in the first quarter of 2013 compared to the last was revised from +0.8 to +0.7%. But those from Berlin are not the only bad news on the front of the recovery.

France. Even France is stopped, the recovery is not seen, the government announces that it will respect the deficit target set at 3.8% for 2014 and 4% breached EU urges easing of ‘claims “accounts. In conjunction with the data on GDP for the second quarter of 2014, unchanged from the previous quarter to stall (it was hoped a possible growth of + 0.1%), appeared

to le Monde the intervention of the Minister of Finance, Michel Sapin, which turns on the one hand an appeal to the European Union because it loosens his grip, adjusting the pace of reduction of public deficits in the current economic situation, which is forcing France not to comply with the target provided; the other calls for the ECB to put in place all possible means to combat the risk of deflation. France has therefore revised its growth estimates for the year-end to 0.5% in 2015, explaining that the GDP will not increase much more than 1%.

Eurozone. Affosato from the great economy of the Old continete, the Eurozone GDP was unchanged in the second quarter of the year despite a 0.7% on the year. According to the earlier flash estimate of Eurostat in the EU-28 grew by 0.2% and 1.2% compared to the second quarter of 2013 (the growth in the first quarter had stood at 0.2% for the Eurozone and the 0.3% for the entire EU). The concerns of the ECB, however, are mainly aimed at the annual rate of inflation in the eurozone fell to 0.4% in July, compared with 0.5% in June. This is the lowest rate since October 2009 and as if that were not enough, five countries are already in deflation. A July 2013 was 1.6%. The monthly inflation rate in July was 0.7%.

England and Portugal. In this context shines the upward revision of the GDP English from the Bank of England has revised upwards its growth forecast for 2014 and 2015 emphasizing the need for close monitoring of the growth of wages. The Boe has raised its growth forecast for 2014 to 3.5% against 3.4% estimated in its report of May, and for 2015 to 3% against 2.9%. Well even Portugal: Lisbon in the second quarter GDP growth of 0.6% compared to the previous quarter (up 0.8% on year). The data, released by the Statistical Office, exceeds analysts’ forecasts for 0.5% and 0.7% respectively.