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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs
LONDON (MarketWatch)
A closely watched gauge of June business activity in
the euro zone remained near May's 35-month low, preliminary estimates from
Markit Economics showed Thursday
The Markit euro-zone purchasing managers
composite output index matched May's 46 reading, which means that the June
contraction has remained at the steepest level since June 2009
Markit's flash
reading of euro-zone manufacturing PMI, a measure of manufacturing activity in
the 17-country single-currency area, declined to 44.8 in June, from 45.1 in May
Flash euro-zone manufacturing PMI output, meanwhile, hit a 37-month low for the
period
Chris Williamson, chief economist at Markit, said: "The flash PMI for
June rounded off the weakest quarter for three years."
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