It's been 10 years since the financial crisis reached Europe - when the interbank lending rate jumped up and French lender BNP Paribas froze three of their funds that were invested in US sub-prime mortgages.
The 19-member eurozone now boasts the lowest jobless rate in about 10 years, the EU's statistics office has announced. It also reported a slight increase in consumer prices after months of declining inflation.
Economist Steve Keen specializes in researching how private and public debt mountains arise and generate financial crises. In an interview with DW, he explains how the ECB could solve the problem — but probably won't.
Much of the attention on US President Trump focuses on what he says and tweets. But in his first year in office he has already had a significant impact on key issues affecting people in the US and around the world.
Germany's central bank earned €2 billion more than it spent last year, doubling its profit compared with the previous year and contributing a nice windfall to the government budget after a meagre 2016.
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