editorial partner: Liberte! Friedrich Naumann Foundation

EU

Open Wallets – Fiat Euro! 40/2012
Economy
Open Wallets – Fiat Euro! 40/2012
Finally we are sending ESM our money. Spain is waiting for a miracle. Greeks saved money for karts. Iranians made a bomb – inflationary bomb! Similar bomb is predicted by FED’s models. So we finally have it. After months of negotiations, voting and ruling ESM – the permanent bailout mechanism – is finally here. It is the […]
No New Rules But Commitment to the Old Ones
Economy
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 difficult to find a politician, not to say an ordinary citizen, who understands all these abbreviations. And […]
The End of Siesta – Fiat Euro! 37/2012
Economy
The End of Siesta – Fiat Euro! 37/2012
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 bring any shocking surprises. Bailout mechanism is not against the Constitution in Germany and the parliament […]