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View Full Version : Draghi Tested as German Pay Deals Add to Euro Divergence Threat - Bloomberg



NewsWhore
04-03-2012, 07:10 PM
Draghi Tested as German Pay Deals Add to Euro Divergence Threat (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEnKQdLjECN3Fr4QvVvsRINN7NzCw&url=http://www.bloomberg.com/news/2012-04-03/draghi-tested-as-german-pay-deals-add-to-euro-divergence-threat.html)
Bloomberg
“It's not an optimal currency area. The economy is terrible in some parts and okay in others, and prices are diverging.” House prices in Spain plunged 11.2 percent last year; in Germany they rose 5.5 percent, the most since the country's ...

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