The International Monetary Fund has released a staff analysis of economic competitiveness in the southern Euro area — France, Greece, Italy, Portugal, and Spain. It’s a fairly technical document – written as a series of papers with a brief overview chapter at the start, which probably means that many of its messages will be missed. But [...]
From the BBC News site comes this disconcerting news:
Europe is falling behind Asia in terms of education and skills, according to a report by the Organisation for Economic Co-operation and Development (OECD).
It blames France and Germany which are criticised for mediocre education systems and their inherent class bias.
And further on:
“Europeans from difficult socio-economic backgrounds don’t [...]
Italy is in recession. There is nothing extraordinary about this, as Donald Rumsfeld notoriously said ’stuff happens’, and economies do have their ups and downs. But this recession is a little different, since it is structural and not cyclical. For the Italian economy to return to a better trajectory something has to be done, but [...]
Feed: A Fistful of Euros