Interview with James Kenneth Galbraith
Aa time when Spain is back in the limelight on account of its ever-sprouting corruption scandals, the government is trying to switch public attention to the prospect of impending economic recovery.
Interview with Michalis Attalides.
What better way to unite the EU than a potentially catastrophic collapse of the euro?
This episode illustrates that investors have come to expect some sort of bail-in with future deals.
For the first time in this crisis, the bailout does not cover depositors in full. Losses are to be suffered by not only shareholders and bondholders, but even by depositors. We expect future bailouts to incorporate this feature.
At a time when the cost and availability of capital in the EU is sometimes problematic, the FTT would raise it for households, firms and even states.
They have hit their savers with a grievous blow, and this will do irreparable harm to trust and confidence.
A multitude of evils can hide behind the ideological veil of top-down European integration.
Experience shows that it is sometimes a long way from the passage of reform legislation to the actual impact on the economy and its institutions.
Is there any justification in saying that these two countries are closer today to exiting their ward-of-the-troika status than they were last July, before Mr Draghi’s pronouncement that he will do all it takes to save the Eurozone?
The repatriation of even a part of Germany’s central bank gold holdings should be regarded with concern.