The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Monday, October 21, 2013

Growth in the Eurozone bounced back to the positive territory during the second quarter of this year. This is after the zone contracting for a year and a half. But as per Ms Christine Lagarde, Managing Director of the International Monetary Fund, governments should not take it easy; and that they should continue their focus on their commitments of increasing employment and backing the regional banks. A key issue according to her is the prevailing youth unemployment situation in the zone; and addressing of the same needs to be high on the agenda for the countries. While the process would take time given the implementations of policies and changes in economic reforms to bring people into or back into the job markets, with situations such as half the youth being unemployed in countries such as Greece and Spain, it would not be long before the law and order situation could go for a toss. 

No comments:

Post a Comment