Better Times
Brussels occasionally gets sober from the intoxication of spectacular goals and strategies, paid by citizens. But sobering means that the goal is slightly less grandiose but in the end, likely purposeless and economically harmless.
France
All Markets Are Rigged
Are all markets rigged by HFT? The SEC and FBI are going to try to find an answer to this question.
Merkel Has More! – Fiat Euro! 06/2013
EU officers are angry. European banks came up with interesting news. If you want a house in Spain, you have a great chance now, supply increases. Illicit money scandal also in the Spanish government.
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. If only there wasn’t this inflation… Eleven Ministers of Foreign Affairs agreed on what is supposed to save Europe. If you guess the answer is deeper integration then you got it right. Apart from the traditional…
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 can ratify it. The opponents got a little gift at least, the court forbade automatic ESM increasing over the initia capacity,…
Good Sleep Helps Fighting the Crisis – Fiat Euro! 29/2012
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
Bankers are Overworked – Fiat Euro! 27/2012
ECB trade unions protest, Barclays collects all the prizes both at home and abroad, Sarkozy packed toothbrush and pajamas – just in case, Finns and Dutch are disobedient, Klaus witty about the Europe as always. And you know who rules the EU? Communists. Ongoing crisis has profound social implications. So significant that they were noticed even by the trade unions in ECB. In a survey carried out among employees it turned out that the years of hard…
Modern System of Paper Currency Is Like a Cheap Hot Dog – Fiat Euro! 24/2012
Golden goal in Spanish net. Spain (unfortunately) is not Uganda! What level of interest rate Italian debt has to reach so Europe would decide to help them? Penalties and expropriations for layoffs –labour market reform done in a French way. In which countries economic laws don’t apply? And who will pay for that? Even 11 Marhsall plans didn’t help. Courage in a Slovak way. First Things First. Congratulations to the Queen Elizabeth II on her…
We Made Mistakes Out of Naivety – Fiat Euro! 23/2012
France makes promises and Commission is happy. Will Spain get gifts during the weekend? Be careful about your language, there is always somebody listening. Is euro a dogma? Will it rain dollars or are we facing a dry summer? Silvio is joking again. In a detailed analysis of French public finances, the European Commission expressed concern if the country will be able to fulfill the deficit target 3% of GDP in the year 2013 and it warned…
Mr. Euro-Bond
Will Germany open its arms to the call from new French leader Francois Hollande for growth supporting measures instead of pure austerity imposed by the Sarkozy-Merkel duo? That was the key question at the European Union summit held in Brussels last week. Taking a decisive step in ramping up the European effort for containing for the ongoing debt crisis could not be expected. The issue of European Financial Stability Facility (EFSF), the €700 billion rescue fund…
