Euro zone faces several hurdles to steady growth
Article Abstract:
The European Union is experiencing economic growth with the gross domestic product up 0.6 percent from July to September, placing Europe on the cusp of an economic recovery. Unemployment is slowly falling and the recent decreases in the Euro currency rate and oil prices are also helping. However, the possibility of slow global economic growth, the cooling of the United States housing market or increased European interest rates could cause backdraft.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Among Germans, foreign buyouts heighten angst
Article Abstract:
Corporations of Germany are facing hardball tactics from British and American investment companies, increasingly causing Germans to be concerned about free-market capitalism and the stagnating German economy. Grohe Water Technology AG first acquired by the British then by Texas Pacific Group and Credit Suisse First Boston, piled the company with debt and now management is planning to cut jobs in Germany and take the jobs to the third world.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Germany sits on sidelines of Euro zone's growth
Article Abstract:
The European Union is in economic recovery with growth of .6 percent for the first quarter with total valuation at 8 trillion Euros ($10 trillion). Economic growth was tempered by an inconsistent showing in Germany, traditionally the leading economic bloc in Europe.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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