EU pressures Cyprus to adopt bank deposit guarantee schemes – Cyprus Mail...
A March 2009 directive required member states to increase coverage of their Deposit Guarantee Scheme – first, to at least €50,000, and then, to a uniform level of €100,000 by the end of 2010.The new...
View ArticleThe EU is a sham. Vote no to let a new Europe take root
Cameron’s battle for reform is a lost cause. Britain should walk out to secure the deal we really want Source: The EU is a sham. Vote no to let a new Europe take root | Simon Jenkins | Comment is free...
View ArticleSchäuble’s Gathering Storm
Nothing short of macroeconomically significant institutional reforms will stabilize Europe. And only a pan-European democratic alliance of citizens can generate the groundswell needed to overcome...
View ArticleIMF’s hindsight about austerity in 5 Eurozone countries at once
Blanket austerity across the crisis-hit countries of the eurozone was self-defeating. Germany’s analysis of what needed to be done was wrong. The European Central Bank (ECB) was slow to come up with a...
View ArticleMarket turmoil: Wall Street falls; negative rates not off the table says...
Kit Juckes, top currency strategist at Societe Generale, reckons that the market turmoil has been sparked by a loss of faith in central bankers. In a new note to clients, he writes: We’ve relied on...
View ArticleLord Mervyn King: ‘Forgive them their debts’ is not the answer
Lord Mervyn King: ‘Forgive them their debts’ is not the answer Excellent analysis from the most revered central banker in the UK, arguing that eurozone is about to break up because of the conflict...
View ArticleIMF urges more spending to boost growth | Business | The Guardian
“Growth-friendly fiscal policy is needed in all countries,” it said, adding that accommodative monetary policies should continue in several advanced economies and structural reforms should be...
View ArticleIMF Proposes Eurozone Debt Relief for Greece Until 2040 – WSJ
The International Monetary Fund is pressing the eurozone to let Greece skip paying interest or principal on bailout loans until 2040, say officials familiar with the talks—a demand that goes far beyond...
View ArticleAusterity policies do more harm than good, IMF study concludes
[…] in practice, “episodes of fiscal consolidation have been followed, on average, by drops rather than by expansions in output. On average, a consolidation of 1% of GDP increases the long-term...
View ArticlePariu pe Brexit
Exista o sansa (probabil intre 30-50%) ca UK sa voteze pentru Brexit. Intr-un astfel de caz aurul, care merge de cateva luni in paralel cu sansele de Brexit, ar putea sari pana peste 1400$. Asa ca am...
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