We Shall Hear More about Cyprus
Crisis on Cyprus brought new tailwinds in the sails of the crisis in Europe and fully opened the question which had only been cautiously considered behind the scenes until now – how to deal with European banks?
Politics
Trade Unions as Anti-Development Power
In the majority of cases, they are extremely anti-development and fulfilling these demands will only lead to the increase in the unemployment rate.
Why I Like Trade Unions (Potentially)
The negotiating power of a single worker is in principle smaller than the one of a big company which employs him or her.
After Cyprus
Russian businesses and banks are starting to consider some legal action against Cyprus or individual banks, but some lawyers predict that they may have a hard time winning their case.
Will Cyprus Be a Rubicon Moment?
First of all, Cyprus has a small economy and the rescue package is something about € 16 billion, approximately € 3 billion less than last year’s loss of Bankia – the Spanish bank.
A Kiss of Death to Cyprus
Moreover, possible destabilization resulting from the “Cyprus case,” threatens the already damaged confidence in the Eurozone.
Rent-Seeking Society
Rent-seeking occurs inevitably in every society, however, some societies suffer from it more and some others less.
The Bulgarian Crisis: Problems and Opportunities
The outcome of the coming elections in May is not easily predictable.
The Turning Point of the Crisis
Europe has just reached the turning point of the crisis. Now it can be better or worse – it all depends on what will happen in Cyprus.
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?
