【Native Speaker每日综合训练—43系列】【43-12】经管 Euro zone

yangxist

2’25
Euro economy has concerned IMF to lower the economy growth for 2015 for the third time this year. The financial officer from Euro Zone has offer two strategies to face the sagging economy and to boom the growth. IMF also advocate that countries with strong economies should shore up the demand to help the global economy.

2’55
Financial officials show their deep concern about current economy situation and the crisis that may come, and encourage countries to boost growth by infrastructure construction. As the EU’s booming machine, Germany also rattles in sagging economy and faces pressures from other countries and organizations to help the euro zone economy.

2’11
Stagnating economy from euro zone countries like Germany, political risks from Greece, financial budget problems from France and Italy all contributed to a concerning EU economy situation. China and the US are also in a slow growing economy growing mode, adding more concerns to the exposure of another round of economy crisis. EU countries are blaming each other for the sagging economy.

3’01
Germany Chancellor Merkel has urged all members of euro zone countries to stick to the economy strategies. She is confident in the balance budget strategy of Germany. However the EU officials hope to bargain with Germany not to suppress its demand but boost the economy by more infrastructure.

2’50
In December’s EU summit, countries are going to negotiate on financial terms in order to re-boost the shaky economy and to avoid the potential financial crisis. Germany is pressured with more public investment on infrastructure, France are urged to tighten its budget policy. Members are also in big concern about the political risk underlying in Greece.  

Obstacle 7’07
EU are important trading partners to the US, hence the recent gloomy economy certainly will have impact on the US economy. However the firm and effective financial strategy and economy policy in recent years compared to the EU have given confidence to the US that the shaky situation in EU will not have large effect on US economy. Although it’s still early to see the impact, the later data of the job market and retail sales will give a clearer picture on whether or how the EU economies have affected the US economy.