When we face serious problems, such as economic crises, the people, at least in France and Spain, prefer to leave the government in calmer hands – perhaps less charismatic, but better prepared.
Does Europe remain focused on austerity and structural changes as its preferred strategy to deal with crisis? Most likely not.
A recession which has never gone, is coming back to the EU. The European Court of Auditors is warning again about inefficiencies. Italians stash a billion. Central banks do not believe one another.
That is why the thesis proposed in this text, which claims that the 2012 election marked the beginning of the end of the Republican Party does not mean that this party will disappear from American politics.
American economy is commonly known to be in a bad condition. Most Americans are convinced that 4 years of the President Obama’s administration government have not managed to deal with the crisis.
From the point of view of European liberals, there was no perfect candidate in this year’s U.S. presidential election.
In most recent years a famous graph, showing how deep the recession is in the UK and what is the path of recovery, appeared periodically. The graph is made by the National Institute of Economic and Social Research (NIESR) and compares the profile of the worst recessions in the UK over the past 100 years. The graph clearly shows that the last economic decline from 2008 is the longest of all compared episodes and that…
Marshall is coming back to Europe, where British argue with French about banking rules and Greeks want to place mines on the borders. Even though a new wave of recession is flooding Europe, rating agencies turned gentlemen and raised a couple of ratings. Fiscal pact hasn’t properly cooled down yet and there is already anti-austerity mood in Europe, not only among demonstrating people but also among politicians. Maybe it is because of the level of unemployment in…
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.
The Institute for Market Economics (IME) presented its view on the performance of the economy, putting the focus on the labor market and the job creation in a time of crisis. The latest data from Eurostat shows that more and more European countries are again in a recession and that Bulgarian growth is weakening in the end of 2011. It seems that Bulgaria is also heading towards a recession in 2012. The labor market is…