Posts from ‘April, 2012’

Greece in trouble, retailers discussing

Just returning from a three-day trip to Greece where I did my best to gather fresh impressions of the heavy recession there, as well as of local retailing in the difficult period. Bluntly speaking, the whole situation is extremely far away from beautiful, but it was definitely interesting to observe how perceptions are gradually changing [...]

Euro area: can we afford such youth unemployment?

For the first time since records began 14 years ago, in February there were more than 17 million unemployed people in the 17 countries that today form the Euro area. This corresponded to an unemployment rate of 10.8%, up from 10.0% a year earlier. The lowest official rates have been posted by Austria (4.2%), the [...]