Economics

The Greek financial crisis deteriorated last weekend after talks between the Greek government and the institutions providing financial aid to the Greek government – the EC, the IMF and the ECB – failed to come to any agreement.

According to Azad Zangana, Economist at Schroders, for the European Central Bank (ECB), the faster than expected rise in inflation is unlikely to change its outlook or path of monetary stimulus. The ECB always had a more optimistic forecast than the consensus, and so will not be overly surprised that growth and inflation are improving...

An increasingly hotly debated topic with respect to the medium-term outlook for both the economy and markets is the increasing signs of a trend fall-back in productivity growth in DM economies. Shortly put, lower productivity growth leads to lower economic growth, increased solvency risks in entitlement...

Chinese government directives last week concerning local government debt signal a potentially significant policy shift to prioritise growth over managing the country’s debt problem, says Fitch Ratings.

The European Central Bank (ECB) is embarking on quantitative easing (QE) at a time when tailwinds are already beginning to build behind the euro area economy. Threadneedle Investments’ fixed income fund manager Martin Harvey asks if we can dare to dream of a brighter 2015.