This new found fiscal responsibility has given confidence to investors, resulting in capital inflows and an uptick in business and consumer confidence, according to the Wall Street Journal. Despite all this, nominal inflation is still only around 0.2 percent, far from the U.S. Federal Reserve’s own 2 percent target.
Read moreEven through this period of unrest and turmoil, the people of Greece continue to support Tsipras, Time Magazine reports. Many say that his reelection shows the people’s support of the bailout and indeed they do. Many citizens were pleased with the outcomes of the elections. One voter said, “He’s one of the best politicians to renegotiate the memorandum,” with another saying, “Tsipras is strong in his game.” Many voters believe that Tsipras is saving Greece and that he will bring back stability to the country.
Read moreBy Gabriela Taveras Staff Writer Amidst a whirlwind of confusion that arose from the bailout negotiations between Greece and its
Read moreOn January 22, Mario Draghi announced that the European Central Bank (ECB) will begin a program of quantitative easing (QE) in order to curb fears of deflation within the Eurozone.
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