European Central Bank Governing Council member of the Luxembourg central bank governor Cheap Joey Bosa Jersey , Mo Shi Oct. 26, said recent economic data is encouraging, some countries in the euro area domestic demand is propelled by strong economic recovery throughout the region, the ECB raised euro zone economic outlook is likely to expected.
28-29 at the forthcoming EU leaders at Brussels summit, member states will become the core of the economic governance reform agenda. CEO Klaus financial stability institutions in Europe - Regling 26, said the euro zone sovereign debt crises have been through the worst Cheap Melvin Gordon Jersey , but still exist between member states "significant differences." There are signs that countries such as Ireland and Greece have to step up efforts to reduce the deficit.
Doubts about the speed of economic recovery
Mo Shi said that recently some members of the euro area is undoubtedly the strong recovery in domestic demand is helping the economic recovery throughout the region, and to lay the basis for regional economic development. He said the ECB may be published in December when the next economic forecast, raising expectations for the euro zone's economic prospects.
The latest Eurostat data released this week show that 16 countries in the euro zone in August industrial orders increased 5.3% qoq, far more than economists had expected. The data for July were down 1.8%.
U.S. economic research institutes Archer, chief European economist at Global Insight believes that the data in Europe in August industrial orders rising, suggesting the fourth quarter Cheap Philip Rivers Jersey , the manufacturing sector in the region will continue to grow strongly, but the prospects for the next few months the manufacturing sector is still unknown.
However, as the EU economy "engine" of the German is optimistic about the economic recovery of Europe under the sign of pouring a pot of cold water. European Central Bank board member, German Bundesbank President Axel Weber, 26, said the German economy is currently in a "transitional period" Cheap LaDainian Tomlinson Jersey , yet not be fully sustained recovery trend is expected in the second half of 2010 GDP growth will slow down.
Intensified to reduce the deficit
Promote economic development, reducing the budget deficit is currently an arduous task facing the European Union two. Financial stability of institutions in Europe, CEO Regling 26, said: "In recent months, European governments are ready for fiscal consolidation policy, the worst debt crisis in Europe has been left behind us." But he also pointed out that despite The EU is walking in the path of fiscal consolidation Cheap Easton Stick Jersey , but the work of Member States in the progress of budget deficit reduction there are still quite different.
27 Irish Finance Minister Lenihan announced that the country will in 4 years, 15 billion euros deficit reduction to achieve the 2014 deficit-GDP ratio will be controlled within 3% of the target.
In addition, the debt crisis of European origin the financial situation of Greece, is not optimistic. Pacific Investment Management Company Chief Executive Officer and Chief Investment Officer Ai Lian, 26, said because of budget deficit reduction measures not sufficient to reduce the burden of sovereign debt Cheap Drue Tranquill Jersey , Greece is likely to default within three years. "But when the morning had now come, Jesus stood on the shore; yet the disciples did not know that it was Jesus" (John 21:4).
It was after a night of failure for the disciples that Jesus appeared on the shore. "Disappointment and defeat may prepare us for a new manifestation of the grace and power of Jesus Christ" (Anonymous). We may weep in the night, but joy finally comes in the morning; as the sun rises, the Son rises and comes to our aid. Jesus is seasonable as well as reasonable; He comes when we are most in need. Another thought here: Christ was present through their night but only allowed Himself to be visible to them in the morning.
*Jesus stood on the shore, loving His disciples, watching their heartbreaking failure in their ordinary duty Cheap Nasir Adderley Jersey , and knowing that He is about to help them. He is on the shore of our life, too, aware of all that is happening to us, and knowing that He is about to give us victory, only we don't see Him. Also, perhaps we need to evaluate the difference between success Cheap Jerry Tillery Jersey , which is what we want, and victory, which is what God gives us. Success is what we achieve and victory is what God achieves for us. Success can sour; victory is sweet.
*Jesus stood on the shore, where we doubt His power can reach us. He stood on the quiet shore, as the disciples looked and probably thought He was an ordinary person waiting for the boat to come in. Little did they know what He was about to do for them. Jesus often is very near to us, ready at that moment to help us Wholesale Los Angeles Chargers Jerseys , and we don't realize or recognize Him.
*Jesus stood on the shore of nature, where the sun was rising and the air was fresh and sensation was touched with wonder at the beauties of creation. This is where we meet our God, out where He has touched it with His brilliance.
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