Do Not Forget a Receipt for Sponsors!
The week of accusing, voting, and reporting. Berlusconi, French socialists, the Cypriot president as well as the government of Iceland wanted to say something to the world.
Fiscal Compact
Fiat Euro! 21/2012
Another unnecessary summit, politicians know how to focus and agree only when they are under pressure from the bond markets. Who is ready for Grexit? A feast on German
“The Taming of the Fiscal Shrew”
On March 2, EU-25 leaders signed the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, commonly called the Fiscal Compact. The Treaty was not signed by the Czech Republic and Great Britain. Lithuania joined the treaty, but it still needs to be ratified by the Lithuanian Parliament (Seimas). Not being a member of the eurozone, Lithuania would be able to choose, which particular provisions of the treaty to commit to. However,…
Fiat Euro! 12/2012
Why not to believe door-to-door sellers, central bankers; which European country is the closest to a default,how Italians save money on food to sendpayments to the investment bank Morgan Stanley thanks to their clever politicians, and finally about really clean money.By the way, do you have a chicken at home already? Mario Draghi, president of ECB, told the German newspaper Bild that when it comes to the European debt crisis, the worst part is already behind…
Bulgaria Needs Stricter Fiscal Rules
There have been talks, for a few months now, about introducing new and stricter fiscal rules in European Union (EU) member-states, which would help reduce the fast piling up of public debt. During the last week of January there was, at last, a public debate about the position of Bulgaria on this issue. The debate was in the form of a round table organized by the Institute for Market Economics called “Fiscal Rules – Alternatives…
