Finance expert Mike Periu on the European economy’s financial health.
The One Person Who Can Turn European Economy Around.
The Eurozone economy, which includes Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain, is once again in recession after the GDP shrank last quarter by 0.1 percent. While France and Germany still managed to squeeze out tiny economic growth, it wasn’t enough to offset the impact of shrinking economies throughout the rest of the Eurozone.
Not to be confused with The European Union, which is larger, the Eurozone consists of countries that have adopted the Euro as their official currency. Experts believe that the Eurozone will also shrink this quarter as unemployment continues to rise and that 2013 will also be a year of economic contraction.
About Mike Periu
Mike is a seasoned executive with experience in small business finance and management. He is the founder of Proximo, LLC a leading provider of corporate, consumer and small business education and training services with an emphasis on finance and technology.
Mike Periu is also a leading national voice for individual empowerment through financial education and entrepreneurship. He has been interviewed over 500 times in national and international media, including NBC, Univision, CNN en español, Telemundo, HITN, TVE, RTE, SBS, MegaTV and others.
Mike writes regularly for American Express OpenForum, Yahoo! Finanzas and is a Huffington Post contributor.
Mike has degrees in Finance and International Business from Georgetown University. He is on the Board of Directors of the Council for Economic Education and was a Fellow at the Kauffman Foundation’s Labs for Enterprise Creation.
