Why can’t Greece get out of debt?
By Sébastien Villemot Between 2007 and 2015, Greece’s public debt rose from 103% to 179% [1] of its GDP (see chart below). The debt-to-GDP ratio […]
déflation
Recovery aborted
By Christophe Blot This text draws on the article “Le piège de la déflation: perspectives 2014-2015 pour l’économie mondiale” [The deflation trap: the 2014-2015 outlook for […]
What options for the European Central Bank?
By Paul Hubert All eyes are now on the ECB, whose recent statements indicate that it is concerned about the risk of deflation in the […]
What is a weaker euro likely to mean for the French economy?
By Bruno Ducoudré and Eric Heyer Faced with the rising risk of deflation in the euro zone, which has been reinforced since mid-2012 by the continued […]
Euro zone: Recovery or deflation?
By Céline Antonin, Christophe Blot, Sabine Le Bayon and Danielle Schweisguth This text summarizes the OFCE’s forecast for 2014-2015 for the euro zone economy Will […]
The onset of deflation
By Xavier Timbeau This text summarizes the April 2013 forecasts of the OFCE. The global economic and financial crisis that began in late 2008 is […]