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Fokus Sommer 2012Fokus Summer 2012
8/15/2018 : 9:25 am : +0200
Federal Ministry for Digital and Economic Affairs

 

The Research Centre International Economics FIW is a project of WIFO, wiiw and WSR on behalf of the Federal Ministry for Digital and Economic Affairs. The FIW cooperation with the Vienna University of Economics and Business, the University Vienna, the Johannes Kepler University Linz and the University of Innsbruck is supported by the Federal Ministry of Education, Science and Research.

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Focus summer 2012

We present and discuss current research and economic policy related topics in International Economics. This quarter about:

Trends of disintegration in Europe

Spain's minister for Europe Mendez de Vigo demands more solidarity from Germany.

undefinedFAZ

Europe has reached a critical point, further decisions will be made in the next few days

undefinedDerStandard

Crisis can be reinforced by aid programs with conditions, says economist Martin Gassebner. The national governments are responsible.

undefinedZeit

According to government sources: A third emergency packet for Greek is "unthinkable". The International Monetary Fund is considering to discontinue its support.

undefinedSueddeutsche

Jim Yong Kim warned that most regions of the world will be hurt by the debt crisis enveloping the Euro zone.

undefinedSpiegel

"Die Märkte zweifeln an Spanien": Finanzminister Schäuble hat den Bundestag um Zustimmung für eine milliardenschwere Finanzspritze an das Krisenland gebeten. Nur so lasse sich die Lage beruhigen. Ein Ja des Parlaments gilt als sicher - die Kanzlermehrheit dagegen nicht.

undefinedSpiegel

There are only two ways out of the debt crisis: Either the European Central Bank takes over the public debts - or the debts are sourced out into an amortization fund.

undefinedFAZ

The Italian prime minister reformed the country faster than anybody before. This should be rewarded by the financial markets.

undefinedZeit

Macroeconomist Michael Burda promotes a eurozone banking union.

undefinedFAZ

Europe needs a joint banking liability to dam up the crisis.

undefinedZeit

No banking union, no joint liability for debts in the euro area: Finnish minister of finance rejects eurozone bailout fund.

undefinedZeit

In Europe nothing will be as it was, even though the euro area will survive the debt crisis. Basic steps for a divided European Union are already placed. 

undefinedEuractiv

Global and European Imbalances

The youth unemployment rate is increasing dramatically in many European countries.

undefinedFAZ

The emerging economies cannot blame all their woes on the rest of the world.

undefinedEconomist

Citizens of the Democratic Republic of Congo should be living in one of the world's richest countries. Plunder and corruption condemns them to poverty.

undefinedGuardian

The emerging economies are weakening, Italy pays a high interest rate and an economic forecast disturbs Germany.

undefinedSueddeutsche

Which strategy helps to overcome the crisis? The European Union and America could learn from each other.

undefinedZeit

America's economy is once again reinventing itself.

undefinedEconomist

In the US the gap between rich and poor is increasing. This fact leads to economic instability and undermines the values and identity of the country.

undefinedFTD

No other industrial nation has become rich so fast. Now the country wants to be social and creative.

undefinedZeit

The problems of Europe and the Euro area were on the agenda of the G20 meeting in Los Cabos. The nervous reaction of the President of the European commission shows how much pressure is on the European leaders.

undefinedEuractiv