Independent Annual Growth Survey launched

andrew watt

Yesterday the OFCE, ECLM and IMK presented their joint Independent Annual Growth Survey in Brussels. You can download the report (which still requires a little polishing in places) here. The aim of this initiative, as the name suggests, is to offer an alternative analysis of the economic situation in Europe and of the policies to [...]

Deepening Economic Misery in Europe forecast on Present Policies: Change will come

watt

The recent joint economic forecast by the IMK, WiFO and OFCE is now available in English (see the link on the right; auf deutsch hier). I should warn you: it makes miserable reading. While the extraordinary measures by the ECB and the shoring up of the European bail-out fund have averted a meltdown, the institutes [...]

And then there were three (and the ECB seems to want more)

The same sorry tale has now been repeated for the third time: put on a brave face, say you are different, that you have a plan and don’t need help, watch as every passing rumour and data blip sends the cost of your debt spiralling, and then, finally, go cap in hand for a bail-out. [...]