The European Womb
Good news about figures has also come from Spain. Overall car production in 17 Spanish factories grew by 9% in 2013.
unemployment rate
Bitcoin’s Week
If history repeats itself, Bitcoin could fall to 500 or 300 USD. But who knows? The fact is that in the longer term, it still has much greater potential than today’s prices.
Unions’ Protests? They’re Not So Bad!
The first one is about setting minimum wage not on the national, but regional level. In this way, the standards for poorer regions (with lower minimum standards of living) would be different than those for the better-developed ones.
Leaky Buckets
Sometimes, we see Croatia only as a big beach resort. But the newest EU member is concerned about non-vacation topics like the economic crisis as well. The country’s economy hasn’t grown since 2008, the unemployment rate is approaching 20% and the debt is rising sharply.
Entrepreneurial Freedom on Decline in Slovakia
Ever since the start of the financial crisis, Slovakia has been having serious problems with the sustainability of its public finances.
More Centralization
It is interesting as, on the one hand, there is France calling for more centralization and more common policies on the EU level, and on the other hand, President Francois Hollande is able to say: “The European Commission cannot dictate us what we have to do.”
Nothing Is Weaker Than Strong Brussels’ Rules
It is more than clear that we have two blocks in the EU – the austerity block, lead by Germans supported by Finland, Austria or Luxemburg, and the anti-austerity block, lead by France supported by Spain, Italy, and Portugal. Who will win? What do you think?
We Will Be Paying with Lira – Fiat Euro! 36/2012
Is the last fortification falling down? Spain used backup. American debt can ask for a driving license. And Bulgarians are ungrateful. Silly season ended in a big style. ECB decided on its meeting last week to resurrect the program of purchasing bonds of the problematic states under a new label. Forget SMP, here comes new and better OMT – Outright Monetary Transactions! Apart from bubbles of active oxygen, it also offers lack of limits, sterilization and consolidation….
When the Moral Support Is Not Enough – Fiat Euro! 32/2012
Bouncer Ottmar Issing. ECB once again kept Greece in the game. Will the next five-year plan be merrier? Briefly today. Pandas are on holidays and without Angela Merkel who is having a rest and German Minister of Finance, Wolfgang Schauble, not much is going on in Europe. Mario Monti, Italian Prime Minister, informed Germans that he needs their help, not financial, but moral one. Spanish Prime Minister Mariano Rajoy considers asking Europe for help. Not…
