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Europe promised even more money which it doesn’t have, Spain promises painful cuts, Slovakia higher taxes. Euro Bill keeps increasing, we will pray for its rescue and just 11-year-old Dutch children want to expropriate Greeks. We will start...
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...
About elections which delighted Europe, about some new ideas from the city on the Seine and about a bankruptcy that turned out to be a bankruptcy. A budget hatchet will be buried in Slovakia, and Robert Fico will be in charge of it. At least,...
This week about how FED doesn’t want to leave alone the “Print” button and what you can go to jail in Argentina for. In Europe, we will have a look at the biggest default in the history, hope that German Luftwaffe won’t take off, we...
This week about Big Berta, Stiglitz’ duel with bad speculators, why Greece needs planning commissioners and about open hunting season for bad news messengers in the European Parliament. The second round of three-year tender loans of the European...
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...
We can safely mark this week as Greek. No, it’s not about action week in McDonalds but the majority of messages that stirred euro came right from that country. On Sunday Greek Parliament passed new austerity package (199 MPs for, 77 against),...
