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Real Estate Crisis Threatens Spanish Economy

Spiegel - Spain’s economy is in trouble. Rising property values earlier this decade lured many Spaniards into the market. Now that the bubble has burst, the crisis is quickly spreading through the country’s economy.

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The Euro Zone Is Headed for a Bumpy Ride

Spiegel - Though most of Europe has avoided the real estate slump, the euro zone is feeling the pinch from disparities among its member states.

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UK economy grinds to a halt

Independent - The boom is officially over. Growth in the economy ground to a halt in the second quarter of this year, thus ending the longest period of expansion in British economic history. The bust may not be far behind: many economists now believe an outright recession – two successive quarters where the [...]

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Is the Crown Losing Its Luster?

Transitions Online - The Czech economy is among the healthiest in Central and Eastern Europe. GDP growth tops 5 percent, the trade balance is well in the black, inflation has been low (with the exception of the last few months), foreign investment is robust, and the EU is injecting the economy with [...]

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