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Rotting
The financial crisis has been with us for six years and counting. The symptoms don’t change – growing unemployment, low or even stifled economic growth, the same ineffective measures adopted by governments and central banks. However,...
Archive for: financial crisis
New round of promises – Fiat Euro! 39/2012
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...
No new rules, but commitment to the old ones
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...
I integrate, you integrate, they don’t integrate – Fiat Euro! 38/2012
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....
Wherein Lies the Crisis and What to Do with It
The aging Estonia and Europe need to accept that the state has to earn and save before it can spend and must remain within its limits both financially and functionally, writes Jürgen Ligi, the Minister of Finance. Right now, large English language...
