Unexpected news came from Scandinavia last week. Sweden will have lower corporate tax rate than Slovakia! Last Thursday Swedish government announced its intention to lower tax rate from 26,3% to 22% in order to „strengthen climate for investments...
September 24, 2012 10:42 am / 3 comments
The Hot Wednesday wasn’t that hot after all. Greece denies need for the third bailout package. Spaniards don’t want any bailouts either. Rompuy has a plan. Americans don’t want to be left behind.
The Judgment Day came, but it didn’t...
September 20, 2012 10:28 am / 49 comments
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
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
Jánošík wasn’t Polish, he was Spanish! Two registered transactions at the commercial real estate markets in Italy in the second quarter. Did Angela soften after holidays? How Danica invests. Do you have peas in the freezer? And euros? When...
August 23, 2012 11:50 am / 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
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
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
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
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