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Europe, Macroeconomics Timeline Tuesday, May 8 Bookmark and Share     Author
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  EU 'consensus' to tackle crisis  EU leaders have ended an emergency summit in Brussels saying they are determined to avoid protectionist moves in response to the economic crisis   UK in recession as economy slides  The UK is now in recession for the first time since 1991. Gross domestic product fell by 1.5% in the last 3 months of 2008 Eurozone officially in recession
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1. 2017-01-18 China's president makes case for globalization in Davos Davos, Switzerland
2. 2016-05-08 Greek PM defends pension and tax reform Athens
D. 2016-01-19 Davos: Chief executives ‘more pessimistic’ about growth Davos, Switzerland
2015-02-08 Greek PM defiant over economic plans Athens
F. 2014-12-02 Russia warns of recession in 2015 Moscow
G. 2014-10-13 French economist Jean Tirole wins Nobel prize Sweden
H. 2014-07-25 UK economy back at pre-crisis level London
8. 2014-05-26 Merkel vows economic boost to counter Eurosceptic gains Berlin
9. 2014-05-18 Swiss reject highest minimum wage Switzerland

  G20 leaders vow to restore growth
  China's president makes case for globalization in Davos   Xi Jinping staunchly defended globalization on Tuesday – a stark contrast to Trump’s protectionist instincts Greek PM defends pension and tax reform  Prime Minister Alexis Tsipras has defended controversial new pension and tax reforms approved by parliament   Davos: Chief executives ‘more pessimistic’ about growth   Global chief executives are more pessimistic about growth than this time last year, according to a survey Greek PM defiant over economic plans  Prime Minister Alexis Tsipras of Greece has said he is sticking to plans to roll back austerity and rejecting an international bailout extension   Russia warns of recession in 2015  The government has warned the economy will fall into recession next year as Western sanctions and falling oil prices begin to bite   French economist Jean Tirole wins Nobel prize  Tirole researched on market power and regulation that has helped understand how to deal with industries dominated by a few companies UK economy back at pre-crisis level   The UK economy has returned to pre-crisis levels by expanding 0.8% in the second quarter of this year. GDP expanded by 3.1%   Merkel vows economic boost to counter Eurosceptic gains   Angela Merkel has described the surge in support for far right and Eurosceptic parties in the EU elections as 'regrettable' Swiss reject highest minimum wage   Ukraine leaders warn of tough steps   Acting President Turchynov and PM-designate Yatsenyuk have warned of the need for unpopular steps to restore economy and politics Romania and Bulgaria controls lifted Trio awarded Nobel economics prize  The 2013 Nobel Prize in economics has been awarded to Eugene Fama, Lars Peter Hansen and Robert Shiller Eurozone growth forecasts cut France back into recession Spain unemployment hits record high Cyprus economy 'on the brink'   Eurozone recession 'to persist'  The eurozone recession will persist into 2013, the European Commission has conceded in its latest forecast Germany 'likely to avoid recession'   Eurozone sees recession deepen  The economy of the 17 nations in the euro shrank by 0.6% in the fourth quarter, which was worse than forecast Eurozone unemployment hits record high  Unemployment in the eurozone rose in September to a record high of 11.6%, the European Commission's Eurostat statistics agency reported   Nobel Prize in economics awarded  The Royal Swedish Academy of Sciences cited the US academics for their work on the 'theory of stable allocations and practice of market design'   Brown: No room for economic complacency   Finance ministers from the G-20 nations meeting have reiterated their commitment to coordinated action to tackle the economic crisis   France and Germany exit recession  Both economies grew by 0.3% between April and June, bringing to an end year-long recessions in Europe's largest economies   G20 leaders seal $1tn global deal


year 2017 Top ^

Jan.18   Switzerland


year 2016 Top ^

May.8   Athens
Jan.19   Switzerland


year 2015 Top ^

Feb.8   Athens


year 2014 Top ^

Dec.2   Moscow
Oct.13   Sweden
Jul.25   London
May.26   Berlin
May.18   Switzerland
Feb.26   Kiev


year 2013 Top ^

Dec.31   Romania
Oct.14   Sweden
May.29   European Union
May.15   Paris
Apr.25   Spain
Mar.21   Cyprus
Feb.22   European Union
Feb.18   Germany
Feb.14   European Union


year 2012 Top ^

Oct.31   European Union
Oct.15   Sweden


year 2009 Top ^

Sep.5   London
Aug.13   Germany
Apr.2   London
  Leaders of the world's largest economies have reached an agreement to tackle the global financial crisis
 The resources available to IMF will be tripled to $750bn; $250bn to boost global trade. There will be sanctions against secretive tax havens and tougher global financial regulation
Mar.14   London
  Finance ministers from the rich and emerging nations have pledged to make a 'sustained effort' to pull the world economy out of recession
 Commitment to fight all forms of protectionism and maintain open trade and investment. A key commitment to restoring bank lending

Mar.1   Belgium
Jan.23   London


year 2008 Top ^

Nov.14   European Union
  EU figures showed that the economy shrank by 0.2% in the third quarter, following a 0.2% contraction in the area in the previous quarter.    2 quarters of negative growth define a technical recession. Germany and Italy are already in...
Nov.13   Germany German economy now in recession
  Government figures showed that Europe's largest economy contracted by 0.5% in the third quarter after a 0.4% contraction in the 2nd quarter


year 2003 Top ^

Jan.23   Switzerland Davos: Economy, Iraq top agenda
  Leaders at World Economic Forum are meeting amid heightened security and growing fears of war and economic retrenchment


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