“Crecimiento acelerado en Alemania. Estancamiento de España…” Las divergencias de productividad y crecimiento en la zona euro también complican la gestión de las hipotecas…

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El problema puede complicarse:

Sharply diverging performances by the eurozone’s main economies have added to the European Central Bank’s discomfort ahead of Thursday’s interest rate setting meeting in Athens, according to survey data released on Tuesday. [ .. ] Growth accelerated in Germany in April but slowed markedly in France – while the Spanish economy contracted sharply, the latest purchasing managers’ indices for the 15-country region showed. [ .. ] The results suggested the effects of a stronger euro, high oil prices, the US slowdown, higher borrowing costs and the impact of global financial market turmoil are varying dramatically. [ .. ] The eurozone “composite” output index – covering manufacturing and services – rose from 51.8 in March to 51.9, which remained consistent with modest growth. [ .. ] In Spain – hit by fears of a substantial housing market correction – output contracted in April for the fourth consecutive month, although decline was not quite as severe as the record drop seen in March. [ .. ] Input price inflation cooled in France but rose to a 20 month high in Germany and was the highest for more than seven years in Spain. [ .. ] The ECB is widely-expected to leave its main interest rate unchanged at 4 per cent – as it has every month since last June. [Financial Times, 6 abril 08. By Ralph Atkins in Frankfurt. Eurozone economies diverge].

Las negritas son mías.

El País, 7 abril 08. La crisis eleva el paro en abril por vez primera desde 1984. La producción industrial registra la mayor caída en casi seis años.

Economía en este Infierno.