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Feb 2, 2015
QE gives Eurozone governments time to reform – ECB’s Coeure
The European Central Bank (ECB) board member Benoit Coeure, while speaking in Budapest, said that the ECN’s sovereign QE program buys time for Eurozone government’s to implement structural reforms.
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Feb 2, 2015
India goes for rebasing and adopts new methodology for GDP computations
The Statistics Office of the government of India announced the rebasing and revision of historical GDP data on Friday, with two key changes implemented. First, the base year for real GDP has been moved from fiscal year 2004/05 to 2011/12. The data should now more accurately reflect the true structure of the economy.
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