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Is it still working? Mario Draghi has just explained what ECB board council was discussing and markets jumped on this verbal game. ECB let basic rates unchanged and board have just had a discussion about unconventional measures of QE. Draghi...
It was a week of central banks’ announcements. But frankly speaking, nothing new has happened. The ECB let the rates unchanged, as did the Bank of England. Mario Draghi admitted that euro area growth is still under question, and that we...
Mario Draghi intervened verbally once again and does not hesitate to say anything. He said that the ECB is considering further non-standard monetary policy tools and will deploy them if circumstances warrant. He is also aware of the fact that...
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...
Gold and silver are still in the correction phase. Switzerland is going to introduce a gold coin as official currency. Swiss army is prepared. Mario Draghi will kiss with everybody. Gold and silver were traded around $1737 and $32.7 per ounce...
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...
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...
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...
Why not to believe door-to-door sellers, central bankers; which European country is the closest to a default,how Italians save money on food to sendpayments to the investment bank Morgan Stanley thanks to their clever politicians, and finally...
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...
