Photo: Wikimedia Commons
In summer 2014 Lithuania was accepted into the Eurozone and Europe witnessed the ECB’s decision to reduce its key refinancing rate from 0.25% to 0.15%. As a result, Vytautas Žukauskas, senior policy analyst at the...
September 26, 2014 10:57 am / 2 comments
Photo: Wikimedia Commons
The economy is stagnating. Once again.
Whistleblowers from among analysts and economists reported total collapse of economy ever since 2007, with a periodicity of a radio traffic service.
Many did not realize though,...
August 23, 2014 8:45 am / no comments
Is it still working? Mario Draghi has just explained what ECB board council was discussing and markets jumped on this verbal game. ECB let basic rates unchanged and board have just had a discussion about unconventional measures of QE. Draghi...
April 10, 2014 1:39 pm / no comments
The future of the present monetary system, or the future of money as we know it today, is a very hot topic, especially if we look at actions of the most important central banks all over the globe. Their present actions are consequences of the...
October 7, 2013 4:08 pm / 2 comments
EU officers are angry. European banks came up with interesting news. If you want a house in Spain, you have a great chance now, supply increases. Illicit money scandal also in the Spanish government.
EU officers are angry. They have realised...
February 15, 2013 3:47 pm / no comments
Finally we are sending ESM our money. Spain is waiting for a miracle. Greeks saved money for karts. Iranians made a bomb – inflationary bomb! Similar bomb is predicted by FED’s models.
So we finally have it. After months of negotiations,...
October 15, 2012 6:31 pm / 6 comments
Spanish economy is now producing nothing else but promises. Why to lock trash bins and how many policemen are needed against one disabled person? IMF against the EU, the EU against the core and China against the FED.
All the eyes have been...
October 8, 2012 7:38 pm / 18 comments
Are you catching up all the tools, actions and countermeasures designed to save the eurozone from a break-up? Let’s count them together. Bilateral loans to Greece, IMF loans, SMP, EFSM, EFSF, LTRO, Sixpack, Fiscal Pact, ESM, OMT… It’s...
October 1, 2012 5:42 pm / no comments
The Southerners don’t want any help, but they keep sinking deeper and deeper. Will the Neo-Nazis lead Europe? Japanese QE worked for 9 hours. It seems that ECB can complete construction of its new residence before the Eurozone falls apart....
September 28, 2012 2:23 pm / 1 comment
Unexpected news came from Scandinavia last week. Sweden will have lower corporate tax rate than Slovakia! Last Thursday Swedish government announced its intention to lower tax rate from 26,3% to 22% in order to „strengthen climate for investments...
September 24, 2012 10:42 am / 3 comments