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The Euro zone situation 12/01/2012 OptionsBinary

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Options Binary analists have decided to inspect the Euro zone situation:

Many Economists believe that the eurozone will not survive in its present form.But the deeper you go into the economics of the euro zone, and the more you try to quantify the economic situation,the vast wealth of infrastructure (roads, railways, airports and sea, public buildings, towns, villages and environment) and the economic system, all gloomy perdictions regarding the eurozone’s disolution sound a bit delusional.

The Eurozone is not at its peak. Its GDP per capita this year is expected to be equivalent to that of 2006 and about 2.5% lower than the peak reached in 2007.
However, the growth rate in 20 years was good. The Eurozone unemployment rate has not deteriorated significantly, between 8% -10%.
since the Bloc’s population is merely growing, even a slow growth rises the standard of living.

The Euro – Bloc includes five very rich countries: Germany, France, Austria, Netherlands and Finland, representing about 60% of the combined Euro economies.
Alongside, Italy and Spain that constitute about 30%. the last two seem to be weaker than the starting five, but they are far from being backward. They are highly developed economies well wealthy, and therfore not on the verge of economic collapse.

Greece – Greece is a small country which now has about 11 million people, with per capita GDP of 27 thousand dollars after a decline of 12.5%, with unemployment at 17%.
But Greece’s GDP is only 2.3% of the eurozone GDP and the direct influence Greece has on the euro zone economic situation is completely negligible.

Solving the unemployment issues

Europe’s population is aging and barely growing. So every year the workforce in Europe is declinning, even in a situation where not one job is to be added , unemployment rate will fall gradually from 10% today to 4.8% in 2030.
This means that the aging population in Europe solves the unemployment problem derives from lack of growth.
Every year more unemployed find jobs that veteran employees retired from.
Therefore, We propose not to be over disturbed by today’s Europe.It Is expected to pass this crisis slowly but surely.