Greece, the Eurogroup today. Hampering the recovery Eurozone – AGI – Agenzia Journalistic Italy

Economy

12:37 June 18, 2015

(AGI) – Rome, June 18 – Uncertainties related to Greece and the euro area external geopolitical tensions are among the factors which “continue to obstruct the resumption” of the euro. And ‘what we read in the monthly bulletin of the ECB, which stresses that the Greek crisis has also led to a widening of yield spreads to ten years than in Germany and that’ increased by about 40 basis points in Italy and Spain by about 60 points Based in Portugal.
“Labour markets in the euro – said the institute Frankfurt – should further improve in the short and medium term. It is expected that employment growth registers a slight acceleration in coming quarters, in the wake of a strengthening of the recovery, which should lead to a further decline in the unemployment rate in the euro area “. However, the ECB points out, “some factors continue to obstruct the resumption of the attivita ‘overall. The public sector debt and’ increased again, although ‘at a pace more’ slow, and is expected to remain high in some countries. trends in labor markets, though generally improving, remain affected by high levels of structural unemployment, especially in some countries particularly affected by the crisis. Both of these factors should help to maintain upward pressure on precautionary savings by households . The slow implementation of structural reforms continued to weigh on growth in several countries. In addition, the relatively weak outlook for growth potential, the continuing uncertainty about the situation in Greece, as well as geopolitical tensions outside the euro area could weigh yet on investment spending. ” Today the Eurogroup will face ‘the knot Athens. It ‘still possible for Greece to reach an agreement with its creditors, the European Union, the International Monetary Fund and the European Central Bank, said German Chancellor Angela Merkel, in a speech to the German parliament. The efforts of Germany – said Merkel – are directed to keep Greece eurozone, but Athens “must definitely implememtare reforms”. “I’m still convinced – said Merkel – where there is ‘will’ there ‘a chance’.” “If political leaders in Greece – he added – this show will ‘, an agreement with the three institutions and’ still possible.” Merkel stressed that Greece was on a good path but not ‘been completed and that unfortunately the structural reforms in the country have been postponed. Germany – said – and ‘was guided by the principle of solidarity’ in return for the European economic reforms “crucial”. Chancellor led the successful examples of Ireland, Spain and Portugal, countries that are now walking on his own legs. “We want to – he concluded – that the greek people, such as Ireland, Spain, Portugal and Cyprus have the possibility ‘of a better future.” (AGI).

“); addCustomPlayer (’16kmxkfmhwbil1i03yl9pwl8z7′, ”, ”, 300, 360, ‘perf16kmxkfmhwbil1i03yl9pwl8z7′, ‘eplayer2′);} else if (window.location. pathname.match (/ ^ / (show) /)) {jQuery (“# ​​bannerDinamico”). html (“”);} else jQuery (“# ​​bannerDinamico”). remove ();});