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Europe Daily Bulletin No. 10356

12 April 2011
Contents Publication in full By article 12 / 40
GENERAL NEWS / (eu) eu/ecofin
Macroeconomic indicators being drawn up

Gödöllö, 11/04/2011 (Agence Europe) - EU27 finance ministers examined indicators to discern macroeconomic imbalance in the European Union at their meeting last week at Gödöllö, near Budapest. These indicators would be accompanied by upper and lower limits that would set alarm bells ringing. An indicator could be used, for example, to monitor real estate prices in a country to indicate when speculative bubbles might be about to appear, as occurred recently in Spain and Ireland. The...

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