Euro zone with its own policies, already made progress on economic, European officials said in Washington this week to defend their handling of the debt crisis.Ignore the euro zone as the U.S. central bank stimulus measures (the Fed) and currency inflation campaign conducted by the Bank of Japan, European economic leaders say they are on the right track in supporting the 17-nation euro zone, despite the evidence must take some time to "filter".
'Euro area is increasingly making progress in implementing the strategy of a comprehensive response to the crisis,' is to be said by the officials of the European Union (EU) finance ministers for Group of 20 (G20) this week, this should suit their draft statement obtained EU at a meeting in Dublin two days ago.
European Zone target achieved moderate recovery until mid-2013 and strengthened in the second half of 2013 and in 2014.
The statement may not be so trustworthy on economic policy meeting in Washington from Thursday. U.S. Treasury Jacob J. Lew last week suggested launching an offensive sort of European growth, and Managing Director of the International Monetary Fund (IMF) Christine Lagarde warned the global economy with a 'three-step acceleration'.
Europe itself tells the real situation. The eurozone economy is expected to shrink 0.3% in 2013, while the U.S. grew 1.9% and Japan 1%, the European Commission predicts that 22 February. The IMF will release economic porkas last Tuesday. European Commission President Jose Barroso maintain Europe's position last week.
Well this is really a good news and I hope that this will continue so that there will be no more crisis that will give suffering in the society.
ReplyDelete