We received the Nobel Peace Prize. The British want to have their own laws at home. Will we pay new taxes to fill in the Eurozone’s budget? ESM is officially working, we will see how much it will finally cost us. Red Cross is going to help...
October 22, 2012 6:28 pm / 2 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
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
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
For the third time, Institute of Economic and Social Studies INESS was honored to organize event commemorating Milton Friedman, one of the most notable flag bearers of economic liberty. As INESS is the most frequently quoted economic think tank...
August 9, 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
The current soap opera is far from being wrapped up by the bailout for Spain. We’re only at the 44th episode, and the main character of the whole series – Italy – has so far only been flitting furtively through the background.
If you...
July 2, 2012 10:34 am / 1 comment
In March 2010, when the Greek debt crisis was heating up, then-ECB president Jean Claude Trichet declared to the EU parliament that the “monetary Union in Europe is far more than a monetary arrangement. It is a union of shared destiny”....
June 25, 2012 1:37 pm / no comments