Last week belonged to Bitcoin. Everybody talked about it and we had some records concerning Bitcoin. First, it surged to a new USD record high when it added 100% gains in only 7 days. Then it surpassed 1,000 USD. The fact is that it did so at...
December 9, 2013 4:26 pm / 1 comment
New laws in Slovakia are passed like hotcakes and changed more frequently than socks, which creates a chaotic and unpredictable framework for citizens and entrepreneurs. Entrepreneurs and their organisations have been complaining about this...
December 8, 2013 4:02 pm / no comments
The crisis in the Euro area started more than four years ago, when the banking crisis collided with the debt crisis and the crisis of competitiveness. Its dramatic stage, full of extraordinary night talks in Brussels, was replaced by a relatively...
December 2, 2013 3:47 pm / no comments
Ireland is out of the game. French farmers against taxes. Greek drones above our heads.
Ireland becomes the first country to exit the programme of financial support and has enough confidence to acquire funds on financial markets. The unemployment...
December 1, 2013 3:15 pm / 1 comment
We already know that the ECB is prepared to use the so-called OMT mechanism to buy on secondary markets government bonds in trouble. The only thing we know is that the ECB is prepared, but specific details have never been revealed to the public....
November 27, 2013 12:31 am / 1 comment
The debt crisis has long tentacles. Left-wing criticism of high taxes. Victorious battles of the Venezuelan army.
Populations are aging, social systems are under pressure, banks are going weak at the knees and national budgets are no more generous...
November 24, 2013 11:37 pm / 2 comments
Unpleasant start for Croatia. Tithes are coming back. Little house for too many bankers.
Sometimes, we see Croatia only as a big beach resort. But the newest EU member is concerned about non-vacation topics like the economic crisis as well....
November 18, 2013 3:43 pm / no comments
Haiyan is the name of the biggest hurricane ever that has reached the Philippines this week. According to experts, there is almost no structure built on the Philippines that can withstand winds like that. We know natural disasters very well,...
November 17, 2013 3:15 pm / no comments
On 7th November some German newspapers presented a so-called “study“ which argues that Germany ranks eighth in the world as a tax haven. This is obviously very surprising. Instead of quoting this “investigation“ and using it for policy...
November 12, 2013 11:56 pm / 4 comments
On September 22nd, a new parliament was elected. It has been the first parliament since the foundation of the Federal Republic of Germany without a liberal party. The FDP missed the five percent hurdle. The most likely outcome of the negotiations...
November 11, 2013 11:39 pm / no comments