Economic sectors put to the test: The industrial marathon is underway

7/1/2012 - Report
ic_blogtagIndustrial ProductionManufacturingSector Risk
Londoners will forever remember the summer of 2012 for two reasons. Firstly, itwas in the City of London that Mario Draghi, the President of the European Central Bank (ECB) chose to issue a stern message to the Euro's detractors: The ECB is ready to dowhatever it takes to preserve the euro. And believe me, itwill be enough he announced.We can therefore expect a particularly eventful return from the holidays,marked by a new series of political and monetary measures aimed at relieving the financial pressures which Greece, Spain and Italy have been under formore than a year now (and indirectly the rest of Europe due to the ricochet effect).

Meanwhile, on the other side of the Thames, it will be the 30th modern Olympic Games which people will remember. For a few weeks at least, these Olympics (the third to be held in London) will banish the particularly downbeat economic mood which currently exists in the United Kingdom.

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Economic sectors put to the test: The industrial marathon is underway - Report