France makes promises and Commission is happy. Will Spain get gifts during the weekend? Be careful about your language, there is always somebody listening. Is euro a dogma? Will it rain dollars or are we facing a dry summer? Silvio is joking again. In a detailed analysis of French public finances, the European Commission expressed concern if the country will be able to fulfill the deficit target 3% of GDP in the year 2013 and it warned…
Will Germany open its arms to the call from new French leader Francois Hollande for growth supporting measures instead of pure austerity imposed by the Sarkozy-Merkel duo? That was the key question at the European Union summit held in Brussels last week. Taking a decisive step in ramping up the European effort for containing for the ongoing debt crisis could not be expected. The issue of European Financial Stability Facility (EFSF), the €700 billion rescue fund…
About the Greeks beating German-looking pensioners and Greek members of parliament playing black metal, while Merkel is happy to gamble with their lives. About fiscal pact, which is good in one country and bad in another one, about reducing debt with the help of magic and about American budgetary hockey game, which ended 99:0. After 3 000 years Greeks have improved the art of drama to the level of perfection. After practically nobody happened to agree…
Voters decided if they still want to live on others‘ money. Savings or growth? A false dilemma with irresistible sex appeal to politicians. The Golden Dawn in Greece. Why Hugh Hendry is concerned about his assets in Europe? In Spain thr nationalization of banks‘ debts is launched – will they manage to break record annual deficit of Ireland (32% of GDP)? French and Greeks were voting during the weekend. Results of both elections will lead to…
Radicalism in France: „it’s not a sin to make money!“. Free movement of people is in danger. Why everyone has to save money just the EU doesn’t? Britain is back in recession.
About elections which delighted Europe, about some new ideas from the city on the Seine and about a bankruptcy that turned out to be a bankruptcy. A budget hatchet will be buried in Slovakia, and Robert Fico will be in charge of it. At least, this is what the last weekend’s election resulted in. Contrary to the election outcome in the year 2006, this time the results of the party SMER pleased the foreign countries….
