French economy still experiencing weak growth rates, Hollande had to reevaluate his fiscal policy and in 2014 he pledged to cut government spending by EUR 50 billion over the next three years. France has followed the common monetary policy of the Eurozone set by the European Central Bank (ECB). The ECB is committed to keeping inflation below, but close to, 2% over the medium term. Since the recent economic crisis, inflation has fallen below 1%, into the “danger zone”, causing the ECB to take unprecedented
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1. Indian currency (INR) has depreciated close to 22% in the last 1 year. In the article we will try to study the concerns of a country facing depreciating currency, the factors that led to this depreciation and the measures government can take to stabilize the situation. Most importantly we will see if global economic uncertainty rides over all the other domestic factors to determine strength of a currency especially in developing economies. Why don’t we need a depreciating INR? The persistent
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SAMPLE Answers Business Economics Answer ALL the questions in Section A (which carries 60% of the total marks), and ONE question from Section B. Section A. Answer all ten questions. Each question is equally weighted. 1. Economists analyse markets in terms of models which correspond to certain ideal types - perfect competition, monopoly, oligopoly and imperfect competition. Which of these models would you choose to analyse the following markets in the UK? minicabs in London – monopolistic
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Economic situation of Italy during financial crisis and outlook for the next years Abstract This work takes into investigation the situation of Italy during the initial phase of the financial crisis that begun in 2008 and next we have gone through the short-term recovery in 2010 till the return of the bad results in 2012 and negative predictions for the future. We have analyzed the background of Italy economy, the main economic measures and the actions taken by the Italian government to
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griechischen Wirtschaft mitverantwortlich. Auch Samaras betonte die guten Beziehungen der beiden Länder. Mit Merkel habe er eine Freundin Griechenlands empfangen. Er lobte die ehrlichen Gespräche im Geist der Zusammenarbeit. Griechenland werde in der Eurozone bleiben und allen Kritikern beweisen, dass sein Land erfolgreich gegen die Krise kämpfen werde. Gleichzeitig ging auch er auf die Opfer Am Rande der Demonstrationen kam es zu ersten Ausschreitungen mit der Polizei. Die Beamten setzen Tränengas
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This forum focuses on the debt crisis in Greece (the 2010 EU/IMF “bailout” and subsequent austerity measures), as well as the various challenges that have been posed to the violence of neoliberal “adjustment.” The brief articles presented here have been solicited from observer-participants in the debates and protests, but also in the intimacies and banalities, defining everyday life in crisis Greece. The outlines of the crisis are widely known. Indeed, Greek society and its travails have never before
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The European Parliament aims to cultivate a ‘European identity’ in order to ensure a lasting union between the members of state. However, countries have very much invested in refining their own, personal identities by constructing a diverse amount of traditions and cultures unique to that nation itself and one must first question whether a true definition of ‘European identity’ is even able to exist alongside the presence of a variety of ‘national identities’. Is it possible for each member of state
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financial sector to go for a thorough change in business to make the bank balance sheet more stronger and took precaution to set a quota to the public shortfall. the government is trying to reduce the number of public shortfall and to stay away from eurozone debt crisis. The prime minister scheduled to have $14.7 billion for tax increase and anti-fraud campaign. However, this will lead to more job loss. There are many blue colloar and white collar on protest against the plan of spending cut as this
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already suggesting that reported earnings will not break the seven-quarter streak of double-digit earnings growth. Although they were likely inspired by market concerns of a double-dip recession in the U.S. and threats of contagion stemming from the eurozone debt crisis, analysts may have underestimated the earnings power of U.S. companies. The Valuation and Risk Strategies (VRS) research team continues to expect slow GDP growth in 2011. As we said in the previous issue of the Lookout Report, if third-quarter
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government still have to pay huge amount of debt to its creditors. Greece failure to reach an agreement with Europe to arrange money to pay off its debt could result in huge financial crisis and political changes in Greece as they may have to leave Eurozone and seek help from other countries. Some people believe that if Greece go bankrupt it would not have major economic impact on the Europe as it is just a small part of the euro economy and it would be better off to cut it loose. While, other argue
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