Is the last fortification falling down? Spain used backup. American debt can ask for a driving license. And Bulgarians are ungrateful.
Silly season ended in a big style. ECB decided on its meeting last week to resurrect the program of purchasing...
September 13, 2012 10:44 am / 1 comment
In Spain it will be hot after the summer. Judgment day will be on September 12. Did you sell grandfather’s gold teeth in Italy? We are treating depression by delivering news about bad situation our neighbours are in.
The heat is slowing down...
September 7, 2012 9:03 am / 371 comments
Unlimited purchases of ECB bonds? New dollars from FED? Maybe… Greece wants more time. Time is money.
A bit of tension was brought into the holiday boredom by the rumor brought by the German magazine Der Spiegel saying that ECB is preparing...
August 30, 2012 1:21 pm / no comments
Bouncer Ottmar Issing. ECB once again kept Greece in the game. Will the next five-year plan be merrier?
Briefly today. Pandas are on holidays and without Angela Merkel who is having a rest and German Minister of Finance, Wolfgang Schauble, not...
August 16, 2012 12:00 pm / 1 comment
Central banks still don’t provide monetary opium, how long will the current illusions last without it? New taxes and economic growth. Milton Friedman would be 100 years old. Crisis is 5 years old.
Last week we challenged the governor of the...
August 10, 2012 10:54 am / no comments
When is going to happen the next Slovak cabinet billion-worth meeting? Is Draghi tough because Angela is on hliday? Will be two Greek bankrupts within six months a new European or Olympic record?
What a week! When it come to euro crisis, there...
August 6, 2012 9:58 am / no comments
In our today’s trips around the Mediterranean we can watch how Greeks try to sell, Spaniards try to borrow and Italians try to stay inconspicuous. We will also have a look at the French lion and the British bulldog.
„If the leaders of...
July 24, 2012 12:45 pm / 11 comments
ECB trade unions protest, Barclays collects all the prizes both at home and abroad, Sarkozy packed toothbrush and pajamas – just in case, Finns and Dutch are disobedient, Klaus witty about the Europe as always. And you know who rules the...
July 12, 2012 10:46 am / 2 comments
Who wants to be Minister of Finance of Greece should report to the director. Everyone in ECB was following football, players used as a collateral were playing. Will ESM turn into European zombie banks hedge fund? Will ESM run out of resources...
July 6, 2012 1:52 pm / 6 comments
We’ve been walled up. Greece has government but money is still missing. Which German team will win the European Championship? FED playing games, another package is postponed. How many Olympic medals will the EU-funded United Nations of Europe...
June 28, 2012 3:12 pm / 1 comment