g.d.p. expanding by just under four said it twenty seven thousand but europe's youngest countries also one of its poorest and is struggling with weak infrastructure and nowhere is this more of yes when you take a look at its power supply but at least that offers an opportunity to move to the latest technology and one companies hoping to lead the way. ya how solar is kosovo's first photovoltaics factory high quality solar panels are made here they're designed for regions within ten sunlight like north africa and the middle east and while that might sound ideal for solar the desert heat is bad news for conventional panels their output is actually lower and they don't last long but not the panels made here the currency of the thirty year of life form our products but for now kosovo is still coal powered it has vast deposits that could last for centuries. but coal burning comes at a price for one it's bad for health. and about a quarter of the electricity that passes through kosovo's antiquated grid is lost there are frequent power outages especially in winter that's bad for economic growth so au

ten years since it declared independence from serbia and economy is showing some solid growth g.d.p. expanded by just under four percent it twenty seventeen as it did in the two previous years seven pounds to impart to remissions from abroad so that means that perhaps celebrations are not quite in order because europe's newest country is also one of its poorest average income is still only around four hundred euros a month and cost of those chronic unemployment is stuck at above thirty percent now there's also a huge trade deficit for what is such a small country you can see it there in twenty sixteen kossovo imported goods worth two point eight billion euros but exported barely three hundred million euros worth of course was also struggling with weak infrastructure and no way can this be better seen than with its power supply but of course that's also an opportunity to move on to the latest technology and one company company hopes to lead the way. you know how solar is possible as first photovoltaics factory high quality solar panels are made here they're designed for regions within ten sunl

g.d.p. expanding by just under four percent in twenty seventeen as it did in the two previous years but that is cheap imports are emissions from abroad meaning celebrations might not be yet in order europe's newest country is also its poorest one average income there is still only around four hundred euros a month and kosovo is chronic unemployment is stuck at above thirty percent now there's also a very large trade deficit such a small country in twenty sixteen cost of imported goods worth two point eight billion euros but it exported barely three hundred million euros worth and of course was also struggling with weak infrastructure in no way can this be better to see then with its power supply that's also an opportunity to move on to the latest technology and one company is hoping to meet the way. ya how solar is kosovo's first photovoltaics factory high quality solar panels are made here they're designed for regions within ten sunlight like north africa and the middle east and while that might sound ideal for solar the desert heat is bad news for conventional panels their output is actual

g.d.p. growth for the bloc went up two and a half percent that growth was largely driven by france which has a new economic impetus with a manual make haunt the reins and spain which expanded by just over three percent in. the value of goods and services produced in the eurozone has been rising steadily. in twenty fifteen eurozone growth rose by one and a half percent. in twenty sixteen the eurozone economy grew by one point seven percent. and last year the economy charged ahead by two and a half percent. this momentum was partly because the european central bank in frankfurt has pursued a huge stimulus program slashing its main interest rate to zero and buying billions of euros a month with the financial assets known as quantitative easing the e.c.b. has gradually been typing off these stimulus measures which were introduced in the wake of the financial crisis last week e.c.b. president mario draghi hinted that the strong euro wouldn't affect the block's economic prospects but he said global factors were a wild card that could have a negative effect the european commissioner for economic affairs pierre moscovici said the eurozone would maintain its momentum at least into

g.d.p. growth for the bloc went up two and a half percent that growth was largely driven by france which has a new economic impetus with emmanuel mccaw at the reins and spain which expanded by just over three percent. in the value of goods and services produced in the euro zone has been rising steadily in twenty fifteen euro zone growth rose by one and a half percent. in twenty sixteen the eurozone economy grew by one point seven percent. and last year the economy charged ahead by two and a half percent. this momentum was partly because the european central bank in frankfurt has pursued a huge stimulus program slashing its main interest rate to zero and buying billions of euros a month worth of financial assets known as quantitative easing the e.c.b. has gradually been tapering off the stimulus measures which were introduced in the wake of the financial crisis last week e.c.b. president mario dragged into that the strong euro wouldn't affect the blocks economic prospects but he said global factors were a wild card that could have a negative effect on the european commissioner for economic affairs pierre moscovici said the eurozone would maintain its momentum at least int

expand before you get into the overheating phase. one thing you'll have to watch closely is the tax cut in the economy. that will boost growth up to 1% of g.d.plerates, that would bring forward that overheating phase. the end of the cycle is at least two years away. tom: we had chairman powell yesterday with the obligatory photographs, he and the members of the fed greeting each other. what is so important here after 1.5% to 3%, 48 months out, we assume richard a nice, smooth, bankerly path along the way. that confidence was destroyed yesterday. how do these various banks begin to adapt to a vix at 30? >> so i think the fed is going to be focusing on the economic data more than anything else. what we're seeing in the data is a broad based recovery. not just in the u.s. but outside the u.s. we are also seeing inflation is returning back toward central bank targets. some of these fears of deflation which have haunted the markets for sometime are starting to disappear. i think the fed will be comfortable with gradually raising interest rates in that environment. i think they won't overreact to a short-term rise in the vix. looking for any eviden