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Bank of Korea's senior deputy governor, Lee Ju-yeol, says he feels "heavy resposibility" for the policies pursued by S. Korea's central bank in the years following the financial crisis of 2008, when inflation fighting efforts of the bank were set aside to focus on growth. Inflation has increased in S. Korea in recent years. He said our "hard won reputation was turned away under the current of globalization and reform... values and rules that have been built up over 60 years were denied in just a single day."
Bank of Korea's senior deputy governor, Lee Ju-yeol, says he feels "heavy resposibility" for the policies pursued by S. Korea's central bank in the years following the financial crisis of 2008, when inflation fighting efforts of the bank were set aside to focus on growth. Inflation has increased in S. Korea in recent years. He said our "hard won reputation was turned away under the current of globalization and reform... values and rules that have been built up over 60 years were denied in just a single day."
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The automobile market in Europe declined by 1.3% to 11.9 million units in 2013 over the prior year. In January 2014 the car market showed the fifth consecutive month of gains in the car market. New car registrations increased by 5.5% in Europe for Jan 2013, according to the European Automobile Manufacturers Association. Spain and Britain's automobile market increased by 7.6% in Jan 2014, the German market was up by 7.2%, Italy by 3.2% and France by 0.5%. VW sales in Jan 2014 were up 8.9%, and Peugeot Citroen sales up 7.4%.
The automobile market in Europe declined by 1.3% to 11.9 million units in 2013 over the prior year. In January 2014 the car market showed the fifth consecutive month of gains in the car market. New car registrations increased by 5.5% in Europe for Jan 2013, according to the European Automobile Manufacturers Association. Spain and Britain's automobile market increased by 7.6% in Jan 2014, the German market was up by 7.2%, Italy by 3.2% and France by 0.5%. VW sales in Jan 2014 were up 8.9%, and Peugeot Citroen sales up 7.4%.
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