Rules Again – Fiat Euro! 11/2013
Spain’s unemployed has reached 5 million for the first time in history.
Spain’s unemployed has reached 5 million for the first time in history.
Eastern Europeans are very much welcomed in this club, in some others – not so much. Germany made it very clear that they would veto any possible accession efforts of Romania and Bulgaria to enter the Schengen area.
Two clowns won, who will laugh? The crisis is not returning and at the same time it is. Britain vs. Greece.
Now, we are interested in the Italian election. The crisis ends. The new sick man of Europe. Draghi will take care. The situation in Spain is electrifying.
INESS – the Institute of Economic and Social Studies has processed the available data about investment subsidies and published a policy paper Investment subsidies – creation of new wealth or just redistribution of the existing?
Ireland is an exceptional case. France is an exceptional case. Bad news is here to stay. And we might even question the EU funds.
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.
Spanish government is pleased, citizens cry. Cameron said something unexpected. Greek tax payers are not able to pay taxes. Brits and the Dutch came short. Guess who is leaving France this time?
Billions of euros are flying around Europe also this year, and an attentive observer should not miss from whom and to whom they are wandering. Especially, when the bets of Slovak taxpayers are also in play.
A recession which has never gone, is coming back to the EU. The European Court of Auditors is warning again about inefficiencies. Italians stash a billion. Central banks do not believe one another.