Punishment of the West and response Russia is just one of the reasons why the Eurozone in 2014, could not cross the crisis, despite the forecasts of the analysts wrote.
Europe Probably has never been so close to collapse, as at present, according to the printed edition.
" it was expected, because this will be the year when the Eurozone get out of debt falls, the year when economic growth returns, together with consumer confidence and jobs. But in 2014, everything went completely wrong, " - emphasizes the print edition. The wall Street Journal highlights 3 reasons.
The Ukrainian crisis and punishment of the West against Russia, the consequences of which the most negatively affected, for example, in German companies is one of them. Another reason, writes the wall Street Journal later, is the slowdown in economic improvement in China and other emerging economies.
If the first two reasons are due to external factors, and the third was created by the Eurozone: it is those structural problems, which hampered the recovery of many European economies, in particular in the countries of southern Europe.
print edition emphasizes that the resolution of structural issues in the countries requires large-scale reforms. However, most European economies, such as Spain, Portugal and Greece, already show the fatigue of change. And in such countries as France and Italy, emphasizes the print edition, even very restrained program had to be limited under pressure from the opposition.
sections: Politics |