Euroland: hopes and challenges

Article Abstract:

Issues discussed concern the economic prospects for the European nations who are linked financially thorough the euro currency. Topics addressed include forecasts of approximately 3% growth in the European economy in 2000, debates over a single interest rate policy, and Europe's challenge to match the US's booming economy and strong dollar.

Europe, Statistical Data Included, International economic relations, Euro (Currency)

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Is Euroland heading for a fall?

Article Abstract:

A review of economic conditions in Europe in 2000 is presented, with focus on the decline in confidence during the second half of the year and the role of the European Central Bank in ensuring stability.

Statistics, Economic development, European Union

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Will Europe sink or swim in the global whirlpool?

Article Abstract:

The economic outlook for Europe appears uncertain despite the smooth introduction of the single currency in Jan 1999. The launch of the euro involved few technical difficulties and initial trading in the currency trading was steady. Furthermore, there is increasing speculation that the UK, Denmark and Sweden may seek entry into the European Monetary Union earlier than expected. Nevertheless, the euro's introduction has not changed the fact that Europe needs to maintain a respectable growth rate in the wake of the international economic downturn. In addition, the high unemployment rate in most Western European countries remains a problem. There are two possible scenarios for the region's economy in 1999 and 2000, namely, a soft landing for the economic and a hard landing. These scenarios are discussed.

Economic forecasting, European Monetary System

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