Russian sanction start biting…Europe. First casualties of the new US/Russia war

Posted: August 14, 2014 in Uncategorized

Italy went back in recession last week and Bank of Italy admitted that 10 big Italian cities are in deflation.

France unexpectedly failed to growth for a second quarter (but it is not recession!! last year it would have been recession…media speaking)

Germany economy for the first time since 2012 shrinked.

Austria, Spain and Greece asked help for their food producers.

Poland asked the US to buy its apples due to Russia

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s