“Caída profunda de la confianza en España” [ .. ] “España despierta recelos” [ .. ]
“Los expertos internacionales desconfían de España tras casi 15 años de formidable crecimiento” [ .. ] “España está muy expuesta a una crisis global” [ .. ] “El batacazo es seguro” [ .. ] “Es más preocupante una desaceleración prolongada” [ .. ] “No hay más remedio que ser pesimista”.
[ .. ]
El País, 1 marzo 2008. España despierta recelos.
Financial Times, 29 feb. 08.
Eurozone growth outlook darkens
By Ralph Atkins in Frankfurt.
Sharp declines in economic confidence in Spain and Italy have darkened the growth outlook for the 15-country eurozone but some relief may be in sight on the inflation front, according to latest economic data.
The European Commission reported a steep decline in its eurozone “economic sentiment” indicator in February to the lowest level since December 2005, pointing to a significant deceleration in activity. [ .. ]
The fall was led by the region’s service sector but the index for Spain, hit by fears of a bursting property bubble, was particularly gloomy. It plunged to the lowest level since January 1994. Italy’s index also dropped steeply, to the lowest level since August 2005.
[ .. ]
However, the ECB’s inflation forecasts for the next two years, which are due to be released at a meeting of its governing council next week, are still widely-expected to be revised up. That would leave “no room for a near-term cut” in interest rates, said Marco Valli at Unicredit in Milan. “However, once it will be clear that the downward trend in business sentiment is not temporary, they will be forced to move.”
Las negritas son mías.