Achieving Growth in Europe
Achieving Growth in Europe Eurozone manufacturing activity contracted for the first time in almost two years in August, underlining investor concerns about a deteriorating global growth picture. In a worrying sign for policymakers, the regional slowdown appeared to be spreading. German factories, which have supported growth in the bloc for some time, hit the brakes in August and France’s manufacturing sector contracted for the first time since July 2009. Speech by Jean-Claude Trichet, President of the ECB at the Jackson Hole Economic Symposium Panel: Setting priorities for long-term growth Jackson Hole, U.S.A., 27 August 2011 The title of our panel … Read more