In the second quarter of this year, real domestic demand in the eurozone was 5 per cent lower than in the first quarter of 2008. The eurozone’s unemployment rate has risen by just under 5 percentage points since 2008. In the year to July 2014, consumer price inflation in the eurozone was 0.4 per cent. From these telling facts one can conclude three simple things: the eurozone is in a depression; lack of demand has played a crucial role; and the European Central Bank has failed to deliver on its own price-stability target. This is not just sad. It is dangerous. It is folly to assume continued stability if economic performance does not improve.
与2008年一季度相比,今年第二季度欧元区实际内需下降了5%。自2008年以来,欧元区失业率上升了近5个百分点。在截止2014年7月的一年里,欧元区消费者价格指数上涨0.4%。人们可以从这些明显的事实推断出3个简单的结论:欧元区manbetx20客户端下载 不景气;需求不足是关键因素;欧洲央行(ECB)未能完成其稳定价格的目标。这不仅令人遗憾,而且还很危险。如果manbetx20客户端下载 表现没有改善的话,认为物价能够保持稳定是愚蠢的。