: :inin Kyiv (EET)

The ‘Great Stagnation’ Is Europe’s Biggest Fear Again


BRUSSELS (Reuters) – Scotland’s rejection of independence and a lack of any fireworks at a Fed meeting last week have calmed investors enough to shift the focus back to what some call the “Great Stagnation,” and how to avoid it. The Group of 20 leading nations, meeting at the weekend, said they were tantalizingly close to adding an extra $2 trillion to the global economy and creating millions of new jobs. But Europe’s extended stagnation remains a major stumbling block and some big emerging economies are flagging too. Brazil is expected to revise down its growth rate just three weeks …read more

Source: Business Insider

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