The Euro Crisis Is Over. Again!
News releases about the end of the crisis – as regular as sunrise. Greece has a surplus. Brussels has a whole lot of new ideas for spending money.
News releases about the end of the crisis – as regular as sunrise. Greece has a surplus. Brussels has a whole lot of new ideas for spending money.
The INESS Institute, independent Slovak think tank, runs a regularly updated the Euro Bill on its specialized website eurokriza.sk. The Bill contains structured records of all Slovak guarantees, borrowings, and share of bond purchases related to the Euro-rescue efforts. After the last update from the late March 2012, the Euro Bill reached EUR 1869 per capita in Slovakia. The level of currently activated funds rose to EUR 495 per capita. Following events and changes were…
Slovak think tank INESS, the Institute of Economic and Social Studies, calculated the total potential risk exposure related to Eurozone rescue mechanisms on per capita basis. It is published on the institute”s new project website eurokriza.sk (“eurocrisis”). The Euro Bill summarizes total liabilities, guarantees and risk exposure created by bond purchasing programs, which were created as a part of the Euro debt crisis solution efforts. The total maximal risk exposure of each Slovak citizen is…