New Year, Problems In Europe

New Year, Same Old Problems In Europe

European central bankers will wrestle with how they can prevent the economy from falling into a further economic spiral.  Having cut interest rates and a limited stimulus, the ECB President is set to announce a $1.2 trillion easing, buying government bonds.

With deflation and unemployment rate in double figures the region faces a possible economic spiral that took Japan 20 years to conquer.

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