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Eurozone may face worse nightmare; deflation

The new European Central Bank (ECB) building is pictured prior to a press conference following the meeting of the Governing Council in Frankfurt/Main, Germany, on December 4, 2014.

Anustup Roy

Press TV, Paris

Seven years of economic crisis, austerity measures, and dwindling public sector budgets have brought long-term concerns in Europe such as lack of education options for a rising number of citizens. Now, more Europeans are at risk of unemployment. As governments turn to raise defense and anti-terrorism expenses, there are fears that the future generations will pay the price of today’s policies. Our correspondent Anustup Roy has this report from Paris.


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