Crisis on Cyprus brought new tailwinds in the sails of the crisis in Europe and fully opened the question which had only been cautiously considered behind the scenes until now – how to deal with European banks? But first things first.
Nearly...
April 6, 2013 2:07 pm / 5 comments
The rescue package for Cyprus finally consists of a 10 billion euro bailout from the ESM and it has one crucial condition, namely taxation of all deposits larger than 100,000 euros, which inflicts significant losses on depositors — possibly...
April 3, 2013 1:07 pm / 5 comments
I think that the Cyprus situation was a dominant one last week. I do not want to bother you with the same information you have already read somewhere else and which is probably not accurate because the situation is changing every minute. I would...
April 2, 2013 9:29 am / 2 comments
The crisis was hidden in Cyprus. We broke two different taboos. Moscow-Cyprus: booked out.
During the last months we have been listening to the eurozone leaders repeatedly saying that the crisis is over. Spanish banks rescued, Italian and Spanish...
April 2, 2013 9:23 am / 1 comment
Republikon Institute and Fundacja Industrial publisher of Liberte! invites You to the conference: Euroskepticism – the comparison of Hungarian and Polish cases.
We plan to study the relationship between the economical and political crisis...
March 29, 2013 1:23 pm / 163 comments
Probably, not only to Cyprus. But first, let us go back in time: the year 1953. The then president of Czechoslovakia declares that monetary reform is not even being considered. Not even two days have passed and the exchange rate declines from...
March 26, 2013 10:25 pm / 1 comment
Is Germany pro-growth? Spaniards learned the trick. Many meetings in Cyprus. Irish celebration.
Good news! We have new rules for the rules on the rules! The European Parliament approved another set amending the existing rules, this time under...
March 21, 2013 11:36 pm / no comments
Michel Barnier, European Commissioner responsible for internal market and services, has rejected all principles based on free market and freedom to choose, and showed he is a communist, or he is just joking with us. Or both. There is no other...
March 20, 2013 9:47 am / no comments
Europe has just reached the turning point of the crisis. Now it can be better or worse – it all depends on what will happen in Cyprus.
At first glance, the conditions which IMF and the European Union offered the government of Cyprus in return...
March 18, 2013 1:26 pm / no comments
The Governing Council of the ECB decided that main interest rates will remain unchanged. The reasons behind the decision were such facts as the repayment of 22% of the LTRO program, which reflects an increase in financial market confidence,...
March 13, 2013 1:50 pm / no comments