Explanation of the Eurozone crisis

World leaders probably spend more time worrying about the eurozone crisis than anything else nowadays. But as eurozone governments struggle to agree the best way out of the crisis, are they missing what caused it?   The eurozone has agreed a new “fiscal compact” Eurozone parliaments are in the process of ratifying a tough set…

Eurozone deflation threat to UK

There is an argument that falling prices in the eurozone, deflation, are good news for them across the Channel but pretty awful for us here in Britain. How so? Well the big contributor to falling prices is the tumbling oil price, which saw the cost of energy fall 6.3% in December – and will generate…