"Klaus P. Regling" is a Germans/German economist and current Chief Executive Officer of the European Financial Stability Facility (EFSF) and Managing Director of the European Stability Mechanism Regling was reportedly considered as a possible head of the European Central Bank to succeed Jean Claude Trichet.

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This forecast is based on both a positive outlook for exports and -- more significantly -- on a progressive firming of domestic demand.

Rapidly rising house prices can leave an economy vulnerable to a subsequent price correction with ensuing negative wealth effects.