Photo: Wikimedia Commons
Except for few unfortunate ones, high schoolers have already finished their key exams. European banks have not.
Large part of 1600-member crew of ECB officials, 6000 officials in member states and plenty of hired external...
July 29, 2014 3:08 pm / 6 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
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
Is destabilization of the EU really the only alternative? German constitutional court takes its time. The state won’t allow any competition in manipulating interest rates. Many Spaniards have put all the eggs in one basket, which is currently...
July 18, 2012 11:10 am / no comments
Will Germany open its arms to the call from new French leader Francois Hollande for growth supporting measures instead of pure austerity imposed by the Sarkozy-Merkel duo? That was the key question at the European Union summit held in Brussels...
May 28, 2012 2:27 pm / no comments
The Euro Bill is project run by Slovak think tank INESS, which tracks all guarantees and expenses related to euro zone rescue efforts. The May update includes several changes, related mainly to the spring default of Greece.
Paradoxically, the...
May 24, 2012 8:24 am / 1 comment
The INESS Institute, independent Slovak think tank, runs a regularly updated the Euro Bill on its specialized website eurokriza.sk. The Bill contains structured records of all Slovak guarantees, borrowings, and share of bond purchases related...
April 11, 2012 12:04 pm / 1 comment
Why the zombie banks aren’t stressed by stress testing, about Austrian Japanese, and about how difficult life the Spanish banks and especially Spanish bankers have. And that Trichet, even though he uses bad economic theories and non- functioning...
April 10, 2012 11:29 am / 3 comments
Why not to believe door-to-door sellers, central bankers; which European country is the closest to a default,how Italians save money on food to sendpayments to the investment bank Morgan Stanley thanks to their clever politicians, and finally...
April 2, 2012 11:53 am / no comments
About good news from Iceland, the next act of Greek drama, Spanish ghost city, Presidential poetry and tough love in Europe.
We have good news for you.
Iceland is not junk anymore. Iceland is a country whose credit rating, unlike in the rest...
March 20, 2012 1:07 pm / 2 comments