Deflation threat in Eurozone

German Unemployment Rises for a Fourth Month in Uneven Recovery

http://www.bloomberg.com/news/2013-...es-for-a-fourth-month-in-uneven-recovery.html

Some call it "uneven recovery" - some call it deflation threat. It´s not a secret:

the Eurozone is losing economic power. Just yesterday, I was informed that Societe Generale does not take on new corporate clients until February 2014.

Quite shocking to hear from an investment bank that they are closing doors for new business - albeit a limited time.
 
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